How does the easing of the trade war affect Bitcoin prices against USDT?
Global markets have seen a sense of optimism following positive signs of easing tensions in the trade war between major economic powers. This thaw in tensions has directly reflected on investors' appetite for high-risk assets, foremost among them cryptocurrencies.
Bitcoin (BTC) against Tether (USDT) has benefited from this improvement, surpassing the $100,000 mark for the first time in months. Expectations indicate that the bullish momentum for Bitcoin will continue as trade pressures recede, especially since investors see Bitcoin as a safe haven to hedge against fluctuations in traditional markets.
Easing customs restrictions and the return of institutional investments could drive BTC/USDT to achieve new record levels in the coming months. With positive negotiations ongoing, we may witness an increasing flow of liquidity into the cryptocurrency market, enhancing Bitcoin's prospects as a long-term investment asset.
#TradeWarEases
