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@ tzongocu
2025-05-12 10:31:53
📰 News Alert...
🔖 Title: Bitcoin Surges Past $105K as US-China Agree to Slash Tariffs
🗓️ Published: 2025-05-12T11:00:00-04:00
📄 Summary: Bitcoin has surged above $105,700 following a significant agreement between the US and China to reduce tariffs that have been hindering trade. This breakthrough indicates a potential bullish continuation, with projections targeting a value of $150,000 for Bitcoin. However, analysts caution about the increasing sentiment index that suggests a risk of short-term corrections amidst the optimism. The deal reduces US tariffs on Chinese goods from 145% to 30% and Chinese tariffs on US imports from 125% to 10%, leading to a positive market reaction.
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https://cointelegraph.com/news/bitcoin-set-150k-btc-price-rally-us-china-slash-tariffs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
🗞️ Source: Cointelegraph by Yashu Gola
💓 #Bitcoin #CryptoMarket #USTradeDeal