Bitcoin $107,888.00 its price quickly exceeded 114 thousand dollars and trump He was making important statements while the article was being prepared. Trump’s words often contradict each other, and today is such a day. Overall, two important developments on the China front have pushed cryptocurrencies higher, and Trump’s ongoing statements are largely supportive. But there is a problem.
US-China Trade War
previous week to china Trump, who took a tough stance against the opposition, softened it last week, and this week we are hearing things about negotiations. So it is clear that we see the tension decreasing day by day. Today, crypto rose in the last hour due to the communication between the EU and China. Trump is making important statements as the article is being prepared.
“Chinese President Xi I have a great relationship with. We will invest 20 trillion dollars in the USA by the end of the year. China and Japan have been imposing tariffs on us for years. We can start paying off our debt with customs duties. We must win the tariff case.
We will be successful in this negotiation, tariffs are equal to national security. I will meet with Chinese President Xi in South Korea in two weeks, we will discuss many issues. The meeting with Chinese President Xi may not take place.
“I’ve finished eight wars, the ninth is on the way.”
After all these statements, Trump’s statement “maybe there will be no meeting with Xi” caused a decline in the stock market and BTC It returned from 114 thousand dollars. Trump is truly inconsistent and time will tell.