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Bitcoin

Bitcoin returns to 81 thousand dollars, as Trump reduces global tariffs

President Donald Trump announced on Wednesday that he had authorized mutual definitions “a significant decrease” around the world, prompting bitcoin and stocks to return to the model.

  • From his social novel, Trump said that more than 75 countries “called on US representatives” to discuss commercial negotiations after Trump’s attack from global definitions last week.
  • This prompted him to reduce mutual definitions on those countries to 10 %, effective immediately. “Thank you for your attention on this,” Trump stated.
  • Trade Minister Howard Lootnick said he sat with the President and Treasury Secretary Scott Beesen while Trump has formulated the position. “The world is ready to work with President Trump to reform global trade, and China chose the opposite direction,” said on Wednesday.
  • Trump said that the China tariff is still exist, and it has been increased to 125 %, due to “lack of respect” for global markets.
  • After announcing, BTC rose from $ 77,000 to $ 81,900 at the time of writing.
  • For all Coinglass, more than $ 169 million has been filtered in short pants in the past hour.
BTC / USD. Source: TradingView
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