US EditionBitcoin price sells off after Trump’s US-China tariff deal — Here is why
- Bitcoin surged past $105,000 on May 12, 2025, following the announcement of a US-China tariff agreement that also boosted other cryptocurrencies.
- This breakthrough resulted from two days of negotiations culminating in an evening agreement on May 11, which aimed to ease trade tensions and stimulate market optimism.
- Alongside Bitcoin’s record, altcoins like VeChain gained about 7%, reaching $0.034, as risk assets generally rallied due to improved geopolitical and economic conditions.
- Santiment analysts noted that if the agreement quickly alleviates challenges faced by exporters and importers in both nations, it could trigger an immediate positive reaction across all markets.
- The agreement and related macroeconomic factors have increased institutional interest and lowered uncertainty, suggesting a possible sustained upward trend if upcoming US inflation data remains stable.
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15 Articles
Bitcoin Price Eyes ATH As US-China Tariff Tension Eases
Key Insights: United States and China have reached a temporary trade agreement to ease escalating tariff pressures, suspending a 24% tariff on each other’s goods for 90 days while keeping a 10% base rate in place. Both sides have canceled additional tariffs introduced in April.
NEAR Protocol Poised for Breakout? Key Level Could Trigger Next Big Rally
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Bitcoin, altcoins poised to rally on US-China tariff agreement – MAXBIT
The constructive tone of tariff negotiations removes the risks of “sudden re-escalation,” potentially paving the way for risk assets to surpass their January peaks, analysts said. A 90-day tariff agreement between the US and China may set the stage for a broader recovery of stock and cryptocurrency markets, as investors look ahead to a potential...
What affects the price of bitcoin - World Stock Market
The price of bitcoin is only a few percent of the historical price maximum (about $ 110 thousand). The optimism of some investors regarding overcoming $ 110 thousand is supported by the relief of trade tension between the United States and China, as well as positive expectations about macroeconomic indicators in the United States. Others suggest that Bitcoin is in the overwhelming area, which can lead to a turn or side movement of the price, wri…
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