Trump vs. China: How does the trade war affect Bitcoin?
Portfolio Pulse from
Bitcoin experienced a 10% jump after Trump announced a 90-day tariff pause. Analysts are divided on BTC's potential movement, with some suggesting a potential deal could boost prices, while others warn of risks from Yuan weakness. The ongoing US-China trade tensions are creating uncertainty in cryptocurrency markets.
April 10, 2025 | 5:15 pm
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NEUTRAL IMPACT
BTC price could see significant movement based on trade deal outcomes, with potential for both upside and downside depending on tariff resolutions.
Bitcoin's price is directly impacted by macroeconomic tensions, with potential for both positive and negative movements depending on US-China trade negotiations.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100