BTC Drops, Then Pops, as Trump Lowers China Tariffs

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Bitcoin reversed some of the post-Fed losses early Thursday after the meeting between President Donald Trump and his Chinese counterpart Xi Jinping yielded favourable outcomes.

Speaking aboard Air Force One, the US president was also reported as saying it was a one-year agreement that would be extended. Trump also said the rare earths issue has been settled and there would be no more roadblocks on them.

Trump also said US tariffs on China would be lowered to 47% from 57%. He said he would be going to China in April and that Xi would come to the US at some stage after that.

BTC briefly fell to $108,000, extending the overnight decline from $113,000 to $110,000, which was triggered by Federal Reserve Chairman Jerome Powell downplaying the certainty of a rate cut in December.

BTC-3.59%
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MetaDreamervip
· 13h ago
btc rose and that’s it.
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TokenomicsTinfoilHatvip
· 13h ago
fall ah fall play people for suckers not enough
View OriginalReply0
LuckyBearDrawervip
· 13h ago
Is that it? Bull run is set!
View OriginalReply0
NftDataDetectivevip
· 13h ago
well well... price action matching political theater again smh
Reply0
BearMarketMonkvip
· 13h ago
Another day of retail investors being played for suckers.
View OriginalReply0
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