Bitcoin rises as the U.S. and China negotiate in London The price of bitcoin surpassed $107,000 reflecting optimism in the market
The conversation could extend for several hours, or perhaps days.
The United States would be willing to soften its stance, according to some analysts.
Trade tensions between the United States and China are back in the spotlight with a new round of negotiations currently taking place in London, in an attempt to ease tariff pressure.
In this context of renewed expectations, the price of bitcoin (BTC) rose above $107,000, reflecting optimism in the markets. However, as CriptoNoticias reported this morning, any announcement that—although positive—does not meet investors' expectations could trigger a "sell the news" reaction and the price could collapse. The main focus of the talks revolves around possible mutual relief: according to Bloomberg analysts, Washington would be willing to ease restrictions on its exports if China lifts the limits imposed on rare earth shipments, key inputs for the global technology industry.
According to sources close to the U.S. administration, Trump could consider relaxing restrictions on strategic exports if Beijing shows clear signs of openness.