#USChinaTradeTalks

Geopolitical news, such as trade tensions between the United States and China, significantly affects cryptocurrencies. When traditional markets decline, people often turn to converting their money into cryptocurrencies as a hedge. However, uncertainty also causes volatility. Any negative news from the United States and China could trigger sharp declines or increases in the price of Bitcoin. As a trader, staying updated on global news helps you make quick decisions. Don't ignore the macro perspective - cryptocurrencies are influenced by more than just blockchain technology.