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Bitcoin price dips as markets cool after US-China tariff talks

From uk.finance.yahoo.com

Bitcoin’s (BTC-USD) rally faltered on Thursday as financial markets dipped, with investors reacting coolly to US-China tariff talks that US president Donald Trump had touted as a significant breakthrough. Bitcoin surged 10% from around $100,000 (£73,826) to $110,000 earlier this week amid optimism surrounding the ongoing trade negotiations. However, the price has since declined by about 2%, to trade at $107,666, mirroring the cautious mood in stock markets after details of the deal emerged. The market initially cheered the news of a rare-earths agreement announced midweek. But the muted response that followed Trump’s ... (full story)

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  • Category: Fundamental Analysis