$BTC
Recent Price Evolution
Currently, BTC is trading near $107,200 USD, after a drop of 2.3% during the day.
It reached an intraday high of $110,300 and a low of $106,700 USD, showing significant volatility around $110k.
📈 Reaction during Trump–China Meetings
On June 9, during the official meeting in London between U.S. and China negotiators regarding tariffs (55% and 10%), BTC had a slight jump (+2%), briefly reaching $108,900 USD.
The next day, after the announcement of the “handshake” agreement between Trump and Xi and the confirmation of unchanged tariffs, BTC rose from $109,000 to nearly $110,000 USD in minutes, before stabilizing.
However, today Bitcoin fell again to $108,300 USD when the deal was finalized and it was confirmed that there would be no additional tariff cuts.
🔍 Context and Outlook
The previous rally was driven by the reduction of inflation in the U.S. (May CPI at 2.4%), combined with the news of a trade rapprochement, clearly indicating BTC's sensitivity to both factors.
Analysts warn that this macro environment—rigid tariffs, lower inflation, ongoing negotiations—creates a mixed momentum: short-term volatility, but a sustained upward trend as long as BTC remains above key levels ($105k–110k).