Bitcoin Rockets 20% as US-China Trade War Truce Sparks Crypto Frenzy
Digital gold surges past $100K as economic détente triggers institutional FOMO.
---
The 90-day tariff ceasefire sends risk assets soaring—while TradFi brokers still can’t explain why their ’stable’ bonds are yielding less than a Celsius savings account.
US-China Slash Tariffs, Bitcoin Reacts Fast
The decision follows months of escalating trade tensions that have disrupted global markets and strained economic relations. The crypto market also took a hit, with Bitcoin’s price plunging below $80,000 following President Trump’s tariff announcements on April 2.
Nonetheless, BTC rebounded strongly from its April lows and has continued rallying. Notably, after this announcement, the largest cryptocurrency has surged 1.4%, hitting highs not seen since January 31.
At press time, BTC traded at $105,251.
