Bitcoin Remains Resilient Amid U.S.-China Trade Tensions

Reported 4 days ago

Despite escalating trade tensions between the U.S. and China, which saw tariffs on imported goods from the U.S. spike to 125%, Bitcoin remains largely unaffected, trading around $82,000 with only a slight dip. While the U.S. dollar index has dropped significantly, leading to heightened market volatility, Bitcoin has shown signs of resilience, indicating a potential shift towards cryptocurrencies as traditional assets face challenges. Meanwhile, gold has reached new records, reflecting increased investor preference for safe-haven assets.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis