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Bitcoin Primed to Shatter $109K Record as U.S.-China Trade Deal Drops and Inflation Data Looms

Bitcoin Primed to Shatter $109K Record as U.S.-China Trade Deal Drops and Inflation Data Looms

Author:
CoindeskEN
Published:
2025-05-12 04:29:15
16
1

 Bitcoin Eyes Record High Above $109K as U.S Reaches Trade Deal with China, Inflation Data Looms

Wall Street’s latest geopolitical tailwind just hit crypto markets—Bitcoin’s gearing up for a moonshot past $109K after the U.S. and China inked a surprise trade deal. Traders are now bracing for this week’s inflation numbers, which could either fuel the rally or give institutional bag-holders an excuse to cash out.

The timing couldn’t be more poetic: just as traditional finance bros start pretending they ’always believed in digital assets,’ Bitcoin’s ready to school them on volatility. Again.

|Square

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