#TrumpTaxCuts Signals: Bitcoin will face decisive days for its price

A trade agreement between the United States and China would be extremely beneficial for the price of bitcoin. Source: image generated by CriptoNoticias using Dall-E, from OpenAI.

It is essential that the United States and China swiftly reach trade agreements.

Bitcoin (BTC) has its own reasons to appreciate beyond the macroeconomic context.

Bitcoin (BTC) starts the week above 90,000 dollars, which raises the expectations of those who wish to see it hit historical highs again. But… what will really happen?

To answer this question, it is crucial to understand that the macroeconomic environment plays a vital role in the price of bitcoin currently. Therefore, it is important to stay informed about issues such as the tariff war that has been unleashed by the President of the United States, Donald Trump.

Colombian analyst Juan Rodríguez dedicated his most recent video to analyzing these issues that, although not directly related to BTC, impact the market. He explains that "there is good rhetoric from the White House on the tariff issue, and that has led to upward momentum, but those agreements regarding tariffs with other countries are still not concluded, and the problem is that the time for those agreements to be reached before tariffs take effect is getting shorter."

As CriptoNoticias has reported, the "tariff war" led by Donald Trump's policies is in a "truce" of 90 days for most countries starting April 9, 2025, which gives an approximate deadline until early July 2025 to negotiate trade agreements and avoid the reimposition of harsher tariffs. This truce does not apply to China, which faces tariffs of 145%, while other countries have a base tariff of 10% during this period.