cryptocurrency This is exactly where investors should look because Trump is making exactly the expected statements. We saw a sharp decline in cryptocurrencies after the tensions increased regarding China. Now Trump is saying things that imply he is not in favor of escalating tensions, and if he continues in this tone, we should see a sharp recovery in cryptocurrencies.
Cryptocurrencies Last Minute
Donald Trump was to meet with the President of Ukraine today. He was speaking at lunch and said important things about China. His speech continues. With the statements made last week due to China’s export restrictions crypto coins Trump may now be about to trigger a rapid recovery.
The highlights of his statement are as follows:
“We get along well with China. It looks like the meeting with Xi will continue. China wants to meet and we are happy to meet with China. If I want, I can bring forward the November 1 (100% tariff) deadline to China. We will make an agreement that will be good for both parties.”
US Treasury Secretary Bessent hinted that we might hear good things in the coming hours and provides information about the negotiation process.
“I will meet with my Chinese colleague this evening. I will probably meet with Chinese He in Malaysia next week.”
BTC returned above $106,500.