By Marco Piccolo Bitcoin has hit new all-time highs, with the price peaking at roughly $109,450 and breaking the previous record set in January this year. At the time of writing, Bitcoin is posting a +5.4% change in the last 7 days, and a +24% change in the last 30 days. BTC has been trading […]
Tag: China
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 […]
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 […]