US-China Trade Truce Sends Bitcoin Soaring Past $104K

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

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2025-05-12 07:40:00

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

By: http://www.coingabbar.com/en/crypto-currency-news/bitcoin-hits-104kdollar-on-us-china-trade-deal-announcement

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