US-China Agree to Temporarily Reduce Tariffs – Bitcoin and BTC Bull Token Presale Stand to Benefit
The post US-China Agree to Temporarily Reduce Tariffs – Bitcoin and BTC Bull Token Presale Stand to Benefit appeared on BitcoinEthereumNews.com.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US and China have agreed to reduce some tariffs for 90 days, temporarily easing trade tensions. For now, Beijing has committed to lowering tariffs on US goods from 125% to 10%, whereas Washington will slash its duties on Chinese goods from 145% to 30%. These tariff cuts between the two economic powerhouses could strengthen $BTC’s role as a safe-haven asset for institutional investors, or take a contrary turn. Suppose the crypto king thrives amid these developments, then the BTC Bull Token presale is well-positioned for mighty gains. Why? We’ll answer that below. $BTC Outperformed Stock Markets Amid Tariff Announcements A greater $BTC price appreciation is still a distinct possibility. Although $BTC initially dropped ahead of US tariffs, it outperformed stock markets during sharp sell-offs triggered by Trump’s tariff announcements on Liberation Day (April 2). $BTC also dropped to $75K on April 7. However, it has since recovered to $104K after Trump showed an intention to ease tariffs – a 39% jump from last month’s lows. Source: CoinMarketCap Nevertheless, opinions are divided on whether $BTC will surge amidst the US-China trade developments. Some analysts (such as ‘Daan Crypto Trades’) suggest that trade uncertainty drove $BTC’s price performance previously. As such, its price might tumble now that a deal has been reached, impeding its appeal as a financial safeguard. Source: X (Daan Crypto Trades) Others, in stark contrast, believe the deal could boost institutional investor confidence. As their market confidence increases, they might be more inclined to enhance their exposure to riskier assets like $BTC, which Trump often advocates for. Amidst $BTC’s potential for sustained growth, the BTC Bull Token presale offers you a chance to capitalize on the flagship crypto’s anticipated growth. Tap Into Bitcoin’s Growth With…
Filed under: News - @ May 12, 2025 10:27 am