Bitcoin joined $ 105,409.03 In response to the latest news that the United States has reduced prices on Chinese imports by 145% to 30% for 90 days.
China responded by reducing import prices from the United States from 125% to 10%. Investors see the market rally in anticipation of the reduction of trade tensions and the improvement of global liquidity over the next 90 days.
This announcement comes one day after A historic trade agreement was produced between the United States and China in Geneva.
Cryptographic markets reacted immediately. Rose bitcoin From $ 72,877.39 on April 2 to $ 104,094.00, and total market capitalization of 3.3 billions of dollars.
Scott Bessent, American secretary of the Treasury, and Jamieson Greer, representative of the trade, qualified the negotiations a successful success while the two parties quickly agreed in the higher terms.
On April 2, President Donald Trump doubled the basic rates on Chinese products to 145%, increasing the trade war with China. Beijing quickly responded with a minimum tariff of 125% on American goods as well as the prohibition of exports of rare elements of earth crucial for high -tech industries.
THE The White House presented the decision To protect American manufacturing and preserve domestic jobs.
However, large import taxes have resolved by the world economy.
The financial markets were swilled – and the cryptography market was barely sheltered, because the main digital assets were all collapsed while investors worked for security in more known as gold, faced with increasing uncertainty.
On April 2, just a few days after President Trump said he increased prices on Chinese imports and shook market confidence. Its price has increased from $ 85,000 to $ 70,000 in the days that followed.
The total value of the cryptocurrency market also had a drop – the bottom on April 2 to around 1.7 billion of dollars. THE However, the market began to recover At the end of April, while geopolitical tensions were a little elongated in the middle of pricing talks.
