By mrblockchain The crypto market is experiencing a renewed sense of cautious optimism as global tariffs are temporarily reduced. The U.S. and China have both announced significant tariff cuts for a 90-day period, potentially easing economic tensions. Bitcoin has outperformed traditional equities during recent market turbulence, reinforcing its reputation as a hedge. Despite large outflows […]
Tag: China
By Emir Abyazov Bitcoin above $100,000 and Ethereum’s ‘god candle’ Bitcoin opened the week at $94,800. The price mostly stayed below $95,000 for two days, but on May 7, the price tested $97,000 amid news of the U.S. and China meeting on tariffs. The price exceeded the $99,000 mark on the morning of May 8. […]
By Emir Abyazov Bitcoin almost reached the $105,000 mark amid a significant change in rhetoric from the U.S. Federal Reserve. For the first time since 2021, the Fed’s tone has become more neutral and soft, which could create favorable conditions for further cryptocurrency growth. Current situation analysis Trader and analyst Skew notes that Bitcoin has […]