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#TariffPause
Trump and Bitcoin: Will the easing of the crisis with China push the price towards $100,000? ⚠️💯🚀
While the price of Bitcoin BTC maintains its resilience above the $90,000 threshold, a new wave of optimism prevails in the cryptocurrency market, unusually driven by political developments led by U.S. President Donald Trump. Amid the fluctuations and declines the market has recently witnessed, Trump surprised the markets by changing his tone regarding tariff policy on China, sparking speculation that a potential resolution to the trade dispute could drive the price of Bitcoin to $100,000. Click here for advertising services or press releases for the crypto project.
Bitcoin rebounds as Trump backs down from tariff escalation towards China
Bitcoin surged past the $94,000 level in a single day, not due to ETF flows as is often the case, but due to waves of buying from Bitcoin whales, in addition to a sudden shift in the tone of U.S. policy.
After months of escalation and threats of additional tariffs, Trump appeared this week more inclined to a settlement, expressing a desire to ease the trade conflict with China.
This rapid rebound that revived the stagnant cryptocurrency markets was led by Bitcoin, followed by alternative cryptocurrencies with lower market capitalizations.
$BTC
BTCUSDT
Permanent
95,259.9
+2.46%
Trump and Bitcoin: Will the easing of the crisis with China push the price towards $100,000? ⚠️💯🚀
While the price of Bitcoin BTC maintains its resilience above the $90,000 threshold, a new wave of optimism prevails in the cryptocurrency market, unusually driven by political developments led by U.S. President Donald Trump. Amid the fluctuations and declines the market has recently witnessed, Trump surprised the markets by changing his tone regarding tariff policy on China, sparking speculation that a potential resolution to the trade dispute could drive the price of Bitcoin to $100,000. Click here for advertising services or press releases for the crypto project.
Bitcoin rebounds as Trump backs down from tariff escalation towards China
Bitcoin surged past the $94,000 level in a single day, not due to ETF flows as is often the case, but due to waves of buying from Bitcoin whales, in addition to a sudden shift in the tone of U.S. policy.
After months of escalation and threats of additional tariffs, Trump appeared this week more inclined to a settlement, expressing a desire to ease the trade conflict with China.
This rapid rebound that revived the stagnant cryptocurrency markets was led by Bitcoin, followed by alternative cryptocurrencies with lower market capitalizations.
$BTC
BTCUSDT
Permanent
95,259.9
+2.46%
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