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Bitcoin Rallies As Donald Trump Says China ‘Violated’ Trade Deal With US – Crypto News
US President Donald Trump has further escalated tensions in the ongoing trade war with China. His statement comes just after Treasury Secretary Scott Bessent revealed that talks between both countries have stalled. Bitcoin rose in response to the president’s statement, while altcoins remained unchanged. Bitcoin Surges To $106K As Donald Trump Calls Out China In a Truth Social post, the US president stated that the bad news is that China has, perhaps not “surprisingly” to some, totally violated its agreement with his country. He added that “so much for being Mr Nice Guy.” The BTC price touched the $106,000 mark following his statement. Bitcoin had already dropped below the $105,000 level earlier in the day. In an X post, market commentator The Kobeissi Letter also noted that US stock market futures fell sharply after President Trump stated that China had violated the trade deal with the US. As CoinGape reported… Read More at Coingape.com
The post Bitcoin Rallies As Donald Trump Says China ‘Violated’ Trade Deal With US appeared first on CoinGape.
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