US-China Trade War to Ease Up as Bitcoin Aims for $100K. Here’s the Best Cryp...
Bitcoin is currently trading above $97K amid positive sentiments regarding a possible US-China trade deal. As per a statement by the Chinese state media, the US has reached out to China through ‘multiple channels’ to discuss the tariff situation and strike a deal. Data from Polymarket shows that 24% of people believe this trade deal can be announced before the end of June. However, Trump’s hawkish approach towards China may stand in the way of an agreement. Read on to learn how these global economic conditions can impact your crypto portfolio. We’ll also suggest the best crypto to buy now....
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Throughout 2021, there’s been a number of people who have said they expect bitcoin to reach $100K by the end of this year. In more recent times, the six-digit bitcoin price forecasts continue as people are now saying a sudden move to $100K “doesn’t seem so far-fetched.”
The Probability of Bitcoin Hitting $100K — ‘Don’t Rule It Out’
Many bitcoin speculators and investors believe the road to $100K is not only probable, but guaranteed. Bitcoin.com News has covered numerous individuals, experts, analysts, and advisors this year....
U.S. President-elect Donald Trump has pledged to declare China a currency manipulator on day one of his presidency. During his campaign, he also repeatedly pledged to impose a 45% tariff on Chinese goods. His promises risk creating a trade war between the U.S. and China which could weaken the yuan and accelerate Chinese capital outflows. When the yuan....
Bitcoin is attempting to establish a short-term direction after successfully holding the $90K level but struggling to reclaim the $100K mark. The price continues to trade within a tight range, fluctuating between $94K and $100K, creating uncertainty among investors. While Bitcoin’s long-term outlook remains bullish as it holds above critical demand levels, short-term price action […]
BTC China Bitcoin Exchange. BTC China is open for business and is offering lower trade commissions starting 24 February 2014. From their website: Starting at 12 noon (China time) on February 24, 2014, BTC China will lower the trading commission fee from 0.3% to 0.1% for all users. For market-makers who place limit orders that add to market liquidity, they will be exempt from the trading commission, and will additionally get a 0.1% market-maker rebate! Sign of Change. In an exclusive interview with CryptocoinsNews two weeks ago, Bobby Lee outlined the positive changes for China based....
China has shut down many underground cryptocurrency apps. A total of 13 underground trading applications have shut down after putting a ban on them for almost one year. As suggested by reports, China, which happens to be the world’s second-largest economy, has called crypto-related transactions illegal. China regulators have taken down 23 crypto-media websites and […]