The Bitcoin price and the entire crypto and stock market have been operating at the mercy of the tariff wars ignited by US President Donald Trump after being sworn into office. The initial wave of tariff increases on countries such as China triggered massive crashes across financial markets, plunging the Bitcoin price below $80,000. However,…
View More Why The US-China 90-Day Tariff Slash Can Push Bitcoin Price Above $110,000Tag: china
Crypto Traders Wrecked As Trump’s Tariffs Spark $2 Billion Liquidation
As February began, crypto investors found themselves inside a turbulent market after the digital asset space went crashing down, leading to more than $2 billion in crypto liquidations and Bitcoin price plunged near the $90,000 mark. Analysts attributed the current turmoil in the cryptocurrency sector to the new tariffs imposed by President Donald Trump on…
View More Crypto Traders Wrecked As Trump’s Tariffs Spark $2 Billion Liquidation
Chinese Court Declares Personal Crypto Ownership Legal In Mainland China
Bitcoin and crypto ownership in China have been debated and have raised policy questions for years. But a recent Shanghai court ruling clarified that it’s perfectly legal for citizens to hold, buy, and sell Bitcoin or other cryptocurrencies. Judge Sun Jie of the Shangai Songjiang People’s Court explained in an article via WeChat that it’s…
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Bitcoin Price Braces For Volatility Ahead Of Chinese Stimulus Speculations, Options Expiry
Bitcoin (BTC) may experience increased volatility in the coming days, driven by speculation surrounding another Chinese fiscal stimulus announcement and the expiration of BTC options worth $1.1 billion. Chinese Stimulus Measures To Help Bitcoin? According to the State Council Information Office, China’s Finance Minister, Lan Fo’an, is expected to provide details on upcoming fiscal stimulus…
View More Bitcoin Price Braces For Volatility Ahead Of Chinese Stimulus Speculations, Options Expiry