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Bittoin President Donald Trump chose 100,000 dollars for the first time on Thursday for declaring a trade agreement The United Kingdom and Chinese President Xi Jinping plans to meet in Geneva at the end of this week.
The original cryptist has increased by 5% over the past 24 hours, offsing $ 101,500 on Thursday and followed the announcement of investors returned risky assets after weeks after economic uncertainty. Deal news also raised the rest of the cryptist. Ethereum in the last 24 hours increased by 13%, Solana 10%, and XRP increased by 6%.
“The price jump is prepared for the heights of trade agreement between the United States and the United States and the United States and Chinese officials in Switzerland,” Nicholas Roberts-Huntley, Cofounder and CEO Blueprint Finance Fortune.
Although the details of the United Kingdom have to be completed yet, Trump, English cars, aluminum and steel, but said that 10% initial tariffs are on the spot. In return, it will increase billions of dollars worth of billions of dollars worth of billions of dollars, including England, ethanol, beef and soft drinks.
The contract with the United Kingdom, along with the application of heavy tariffs in a number of imports since Trump, the first such agreement is the first to negotiate with US trade partners. On April 2, Trump announced a plan to take a basic pick and attachment “Reciprocal tariffs“About almost all US trading partners. The plan expected to break inflation and global supply chains has been a historic cause Market Meltdown The S & P lost 12% in 500 and Bitcoin lost 11% until April 9 – when the plan comes into force.
The financial markets were briefly retreated when the Trump is announced 90-day break Except in reciprocal tariffs, except China. In recent weeks, the stock market remained changing because the stock market participates in trade talks with a number of foreign nations. However, Bitcoin, usually seen as a risky asset, continued to climb. Bitcoin won 35% since he fell to $ 75,000 on April 8.
The US trade agreement with the United Kingdom has arrived in the resolution, but trade talks with other nations continue. Trump and his team have been in negotiations with Canada, Japan, Italy, India and other trade partners since April 2. Trump and China since XI planned Meet to start negotiations to end the growing trade war between the two countries.
“These deals have more hope for such concessions and more deals and concessions will be more confidence and better market conditions,” Charles Wayne, Crypto Information Company CROUNDER GALXE Luck.
This story was first displayed Fortune.com
