Best Crypto to Buy Now as Bitcoin Blasts Past $105K on Trade Deal News
The post Best Crypto to Buy Now as Bitcoin Blasts Past $105K on Trade Deal News appeared on BitcoinEthereumNews.com.
Bitcoin has successfully reclaimed the $105K mark amid easing tariff tensions and potential agreements between economic powerhouses – the US and China. Michael Saylor urges the US to buy Bitcoin as other countries will be forced to buy it at $50 million in the future. Bitcoin Pepe (BPEP) gears up for its May 31st listing as the first meme ICO, which is bringing Solana-level features and speed to Bitcoin. Experts say this is the last opportunity for investors to be a part of this revolutionary platform. The recent meeting between the two economic powerhouses, the US and China, has created a stir in the financial markets. After the announcement of a newly minted 90-day tariff truce between these big boys, both the stock and crypto markets cheered with huge inflows. Those asking why Bitcoin is going up have now understood the impact of the trade deal, as BTC reached a new 3-month high of $105,787. According to the reports, the US has slashed its trade rate from 145% to 30%, while China has cut down from 125% to 10%. BREAKING: 🇺🇸🇨🇳US CUTS TARIFFS ON CHINESE GOODS TO 30% FROM 145% FOR 90 DAYS.CHINA CUTS TARIFFS ON US GOODS TO 10% FROM 125% FOR 90 DAYS.EFFECTIVE FROM MAY 14, 2025. pic.twitter.com/qh4xTxEpub — Crypto India (@CryptooIndia) May 12, 2025 This move by both of these nations has de-escalated the growing tension and reduced risk appetite across global markets. The cryptocurrency market has been the biggest beneficiary of this big decision, along with other macroeconomic activities, like a weakening dollar. Michael Saylor, former CEO of MicroStrategy, urges the U.S. to buy BTC at the current prices and warns that other countries will be forced to buy it at $50 million per coin in the future. This shows how optimistic big players are about…
Filed under: News - @ May 17, 2025 2:25 am