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Bitcoin Defies Gravity at $94K as Traders Hold Breath for U.S.-China Trade Drama

Bitcoin Defies Gravity at $94K as Traders Hold Breath for U.S.-China Trade Drama

Author:
Coindesk
Published:
2025-05-05 05:26:14
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Bitcoin Hovers Above $94K as Market Awaits News on U.S.- China Trade Deal

BTC plays chicken with five figures while Wall Street and Beijing shuffle paperwork.

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The king of crypto flirts with its next psychological milestone—just as traditional finance’s ’adults in the room’ prepare another carefully worded nothingburger. Price action suggests the market’s pricing in either a trade war truce or another round of brinksmanship. Either way, decentralized money keeps its own schedule.

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Fun fact: This rally costs less than the ink wasted on ’historic’ trade agreements that get renegotiated before the signing pens hit the floor.

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