🚀🚀 WHY BITCOIN JUMPED TO 100k ? 🚀🚀

After months of tariff tensions, the latest US-China trade deal on Monday has sent shockwaves through the global crypto market. As both countries have agreed to a 90-day tariff suspension, the crypto community celebrates the development, anticipating a major rally ahead. In response to this significant development, the Bitcoin price has surged past the crucial $105k mark.

Sparking optimism within the global crypto market, the US and China jointly agreed to a tariff-easing scheme. The US-China trade deal has taken a major turn with both countries agreeing to a 90-day suspension of tariffs on each other’s goods.

As per the latest development, the US will slash tariffs on Chinese imports from 145% to 30%, while China will reduce its import duties on American goods from 125% to 10%. Following this update, the BTC price rose to $105,000 and is now trading at $104,338.

The Bitcoin price has marked a notable uptick of 10% over the past seven days. Meanwhile, Ethereum and XRP have seen notable hikes of 41% and 12% over the past week. The US-China tariff deal comes following the much-hyped US-UK trade decision.

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