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Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high


Key points:Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news.Nearby order book liquidity forms potential targets for traders, which now include $102,000.A classic moving average retest suggests that a new all-time high should result.Bitcoin...

Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high


Key points:Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news.Nearby order book liquidity forms potential targets for traders, which now include $102,000.A classic moving average retest suggests that a new all-time high should result.Bitcoin...

Bitcoin, altcoins poised to rally on US-China tariff agreement


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 tax relief package.The White House announced on May 12 that the two countries will reduce their respective tariffs to 10% for...

Gold Slips as US-China Trade War Thaws; Bitcoin Holds Steady


On May 12, gold prices fell by over $100 (approximately 3%), dropping from $3,323 to just under $3,215 per ounce, while bitcoin remained stable, trading above $104,000. Trade War De-Escalation Bane for Safe Haven Asset Gold dropped marginally in the opening trading hours of May 12, while bitcoin...

Bitcoin set for $150K BTC price rally as US, China agree to slash tariffs


Key takeaways:Bitcoin broke above $105,700 after the US and China agreed to slash tariffs.A confirmed bull flag breakout on the weekly chart projects a $150,000.Bitwise's sentiment index warns of potential short-term overheating.Bitcoin (BTC) bulls cheered a major development in the ongoing...

Trump’s US-China trade deal could shed light on Bitcoin’s use case


Bitcoin’s potential price reaction to a trade deal between the United States and China could give insights into whether Bitcoin is being used as a safe-haven asset in the current market. Bitcoin (BTC) outperformed stocks and held up “incredibly strong” during a sharp sell-off...

White House claims 'substantial progress' on China trade deal


The White House announced that talks between the United States and China regarding a trade deal have made "substantial progress," yet no official deal has been announced at this time, leaving investors in doubt.According to a May 11 announcement from the White House, more details on the trade talks...

Geneva Gamble: Markets Await Outcome of Secretive US-China Talks


Market analysts are closely watching the ongoing dialogue between U.S. Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer, and China’s Vice Premier He Lifeng as both sides attempt to ease tensions in their prolonged trade standoff. On Sunday, Bessent and Greer noted...

ASEAN, China, Japan, and South Korea Stand Against Trump’s Protectionism


ASEAN, the Association of Southeast Asian Nations, along with China, Japan, and South Korea, criticized the escalation of protectionism in a joint statement. The group called for enhanced regional unity to address the uncertainty arising from the implementation of these policies. ASEAN, China...

Bitcoin Climbs to $104.9K After Trump Hints at ‘Total Reset’ With China


Bitcoin soared past $104,900 on Saturday evening, gaining 2% in the wake of President Donald Trump’s announcement on Truth Social about a breakthrough in trade talks with China. Trump’s Truth Social Post Triggers Bitcoin Rally, Altcoin Boom The bitcoin (BTC) rally extended to major altcoins, with...

Russia–China Foreign Trade Near Dollar-Free: Almost All in Rubles, Yuan


Russia and China have nearly eliminated the U.S. dollar from their bilateral trade, conducting transactions in rubles and yuan as de-dollarization reshapes global economic power structures. Almost All Russian-Chinese Foreign Trade Operations Now in Rubles and Yuan Following a high-level meeting...

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