US EditionBitcoin Surges as Global Trade Talks Influence Market Sentiment
- Senior Chinese and U.S. Officials met in Geneva on May 10, 2025, to discuss potential tariff reductions amid ongoing trade tensions.
- The meeting followed tariff hikes by both countries, including a 145% U.S. Tariff and a 125% Chinese levy affecting $660 billion in trade.
- Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent engaged in 10-hour talks emphasizing multilateral dialogue to ease economic conflict.
- Bitcoin surged over 25% since April 2, breaching $104,000 by May 12, with market sentiment boosted by the trade talks and related announcements.
- The ongoing discussions may signal relief for global trade and influence both financial markets and cryptocurrency trends amid geopolitical uncertainty.
12 Articles
12 Articles
Bitcoin rises after a new announcement by Donald Trump
Bitcoin recorded new increases in the early morning hours of Monday and quoted US$105,000, after the US and China governments announced an agreement to reduce most of their recent tariffs and declare a 90-day truce in their trade war to continue to discuss the resolution of their trade disputes. At 9, the cryptoactive retreated by 0.8% and was ranked at US$104.118, according to Lemon data. Other cryptocurrencies experienced slight rises in the l…
Bitcoin dips below $103k as Glassnode points to profit takers
Bitcoin gave back all of its gains after soaring past the $105,000 mark early Monday morning amid encouraging trade deal developments. Gains across risk assets have accelerated in the past few days, with Bitcoin (BTC) surging after it crossed above…
Bitcoin Surges to $105,000 as Fed Signals Easing
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 almost reached the $105,000 level thanks to news of improved trade relations between the U.S. and China. “Mar…
Bitcoin Stays Resilient While Wall Street Stumbles – Details - Coin Surges
Bitcoin’s price has surged some 25% since April 2, even as the big stock indexes declined. The digital currency broke through $104,000 by May 12. Traditional markets such as the S&P 500 were in the red simultaneously. Based on market data, Bitcoin’s resilience has stood out in the face of sell-offs and tariff negotiations. Bitcoin Outpaces Stocks According to reports, the S&P 500 declined almost 1% during April, but Bitcoin rose. Other financial…
Bitcoin Stays Resilient While Wall Street Stumbles
Bitcoin’s price has surged some 25% since April 2, even as the big stock indexes declined. The digital currency broke through $104,000 by May 12. Traditional markets such as the S&P 500 were in the red simultaneously. Based on market data, Bitcoin’s resilience has stood out in the face of sell-offs and tariff negotiations. Bitcoin Outpaces Stocks According to reports, the S&P 500 declined almost 1% during April, but Bitcoin rose. Other financial…
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