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Bitcoin Eyes Record High Above $109K as U.S Reaches Trade Deal with China, Inflation Data Looms

Coindesk Monday, 12 May 2025 ()
China said it will release a joint statement with the U.S. on what was achieved.
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Video Credit: Oneindia - Published
News video: U.S Officials' Press Conference in Geneva: Greer & Bessent Announce 115%Tariff Rollback-90-Day Pause

U.S Officials' Press Conference in Geneva: Greer & Bessent Announce 115%Tariff Rollback-90-Day Pause 03:49

In a surprising move, the United States and China have announced a truce in their ongoing trade war following high-stakes talks in Geneva. The deal will see tariffs significantly reduced, with the U.S. cutting its tariffs from 145% to 30%, and China slashing its tariffs from 125% to 10%. But is this...

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Bitcoin Eyes Record High Above $109K as U.S Reaches Trade Deal with China, Inflation Data Looms

Bitcoin BTC could soon hit record price highs, triggering accelerated gains in the wider altcoin market, as easing U.S.-China trade tensions may see markets...
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