BTCC / BTCC Square / CoingabbarEN /
US-China Trade Truce Sends Bitcoin Soaring Past $104K—Wall Street Left Scrambling

US-China Trade Truce Sends Bitcoin Soaring Past $104K—Wall Street Left Scrambling

CoingabbarEN
Release Time:
2025-05-12 07:40:00
0

Geopolitical peace breaks out—and crypto eats the upside first. Bitcoin smashes records as trade tensions thaw, proving again that digital gold moves faster than bureaucratic molasses.

The trigger: A surprise US-China tariff ceasefire sends risk assets into overdrive. Bitcoin, ever the opportunist, rides the wave to a blistering $104K ATH while traditional markets play catch-up.

The irony: After years of institutional skepticism, hedge funds now FOMO into BTC as it outpaces their precious S&P 500—some ’safe haven.’

The closer: Watch the suits pivot from ’speculative garbage’ to ’strategic allocation’ faster than a Beijing policy reversal. Meanwhile, the orange coin just keeps winning.

Geneva, boosting global markets and propelling the price of Bitcoin to a record-breaking figure above $104,000. The agreement, which will lower the long-running U.S. trade deficit, is being touted as a turning point by officials on both sides. Read More
Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users