Bitcoin slips to $113,000 amid U.S.-China trade uncertainty

I believe that China purposefully not buying our Soybeans, and causing difficulty for our Soybean Farmers, is an Economically Hostile Act. We are considering terminating business with China having to do with Cooking Oil, and other elements of Trade, as retribution. As an example, we can easily produce Cooking Oil ourselves, we don’t need to purchase it from China.

BESSENT: U.S. HAS LOTS OF LEVERS THAT IT CAN PULL ON CHINA TRADE BESSENT: WE DON'T WANT TO DECOUPLE FROM CHINA BESSENT: ONLY THING SLOWING U.S., TRUMP DOWN IS GOVERNMENT SHUTDOWN WE WILL BE ABLE TO MAKE PAYCHECKS FOR MILITARY PERSONNEL U.S. GOVERNMENT IS BEING HELD HOSTAGE BY SENATOR SCHUMER'S POLL NUMBETRS I'VE SEEN NUMBERS THAT SHUTDOWN IS HURTING ECONOMY BY $15 BILLION A DAY US Trsy Sec Bessent: Will Be A Group Response To Chine - Lower Level China Trade Person Li ‘Unhinged’ In Aug - China Trying To Backfill Narrative On Rare Earth Move - Chinese Were Planning To Erect New Barriers, We Don't Want To Escalate BESSENT: WE ARE WORKING ON A MEETING, PRESIDENT TRUMP IS A GO ON MEETING WITH XI BESSENT: TRUST BETWEEN TRUMP AND XI IS A REASON THAT THIS HASN'T ESCALATED BESSENT: TRUST BETWEEN TRUMP AND XI IS A REASON THAT THIS HASN'T ESCALATED

Even by the standards of crypto currencies, bitcoin has been on a wild ride during October. After surging to a fresh record high above $125,000 during the first week, there was a plunge to below $108,000 as long positions were stopped out and there was a cascade of selling. Bitcoin is currently trading around $109,000. Standard Chartered’s head of digital ...