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US-China trade rapprochement: Bitcoin at $97,000

May, 07 2025

The softening of trade relations between the United States and China has contributed to the strengthening of risky assets on the American stock market. U.S. Treasury Secretary Scott Bessant stressed that the current tariffs and trade restrictions represent an unstable situation, but the United States does not intend to sever ties with China. He also announced his intention to travel to Switzerland to hold talks with Chinese representatives as early as next weekend.On the Chinese side, a represen... Read More

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