Bitcoin Skyrockets After US-China Trade Truce: $105K in Sight?
US-China trade truce sparks Bitcoin surge past $104K! Will crypto soar higher? Dive into the market frenzy now!
The cryptocurrency world is buzzing after a surprising US-China trade truce sent Bitcoin soaring past $104,000. Announced on May 11–12, 2025, this 90-day pause in the trade war slashed US tariffs on Chinese goods from 145% to 30% and Chinese tariffs on US goods from 125% to 10%. Global markets, including crypto, reacted with enthusiasm, as fears of a recession eased and investors poured into riskier assets like Bitcoin and altcoins.
Why does this matter? The truce reduces economic uncertainty, which often drives investors toward cryptocurrencies as a hedge against traditional markets. When trade tensions cool Ascertain Bitcoin’s rise reflects renewed risk appetite, with posts on X noting a surge in bullish momentum. Altcoins like XRP also jumped 4.5%, while Ethereum saw gains, signaling a broader market rally.
However, the excitement comes with caveats. Bitcoin dipped to $102,400 as some investors shifted to stocks, suggesting profit-taking after the $100,000 milestone. The truce is temporary, and negotiations could falter, reintroducing volatility. Additionally, upcoming US CPI data, reported at 2.3% for April, could influence Federal Reserve rate decisions, impacting crypto prices.
For new investors, this surge highlights crypto’s potential during global shifts but also its risks. Bitcoin’s climb reflects optimism, yet sudden drops are common. Diversifying and staying informed are key to navigating this fast-paced market.
What’s next for crypto? Share your thoughts below! Stay tuned to trafy.io for more insights on market trends.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
