By Emir Abyazov Bitcoin Hits $105,000 Amid US-China Trade Agreement The rate of the first cryptocurrency at the moment rose to the mark $105,700. Bitcoin’s sharp price movement followed the US administration’s announcement that it had reached a 90-day “truce” in its trade war with China. The parties agreed to mutually reduce duties for this […]
Tag: China
By Emir Abyazov U.S. duties on most Chinese goods will drop from 145% to 30%, while China will reduce levies on U.S. products from 125% to 10%. This diplomatic warming caused a sharp rise in risk appetite, U.S. stocks opened with a 3% gap up as markets began to consider the possibility of a recovery […]
By Ted Late The reasons for crypto’s volatility are multi-faceted and range from the inherently decentralized nature of digital assets and the relatively young age of the market to the abundance of speculative investment opportunities and the rapidly changing regulatory environment. Whether you are a crypto enthusiast or just a casual observer of the space, […]