Reported 16 days ago
China's retaliation amid rising US-China trade tensions has led to significant disruptions in the cryptocurrency market, particularly for bitcoin, which recently recovered from losses only to face another downturn. Despite a promising year with a 20% increase overall, geopolitical uncertainties continue to overshadow the market, causing forced liquidations and weakening investor confidence. The potential for further escalations in tariffs poses additional risks, while hopes for successful trade diplomacy may offer a path to stability.
Source: YAHOO