Bitcoin exceeds $ 105,000, following a trade deal for the United States and China

Bitcoin exceeds $ 105,000 after the United States and China agreed to significantly decline commercial tariffs on each other for 90 days.

According to the joint statementThe penetration of the commercial deal came after the marathon race, which lasted for a weekend of a weekend of commercial negotiations that occurred in Geneva, Switzerland. the we It announced that it would temporarily reduce the definitions of Chinese goods from 145 % to 30 %.

On the other side, China He agreed to reduce definitions on American imported goods from 125 % to only 10 %. Two of the world’s largest economies also agreed to create a “mechanism to continue discussions on economic and trade relations.”

These discussions will be led by Chinese Deputy Prime Minister Ho Living, US Treasury Secretary Scott Beesen and American Trade Representative Jameson Jarir.

This announcement has become a breath of fresh air amid fears of economic recession. Both the Chinese yuan and the US dollar are raising since the joint statement. For the encryption market in particular, it was provided with a batch of intensity that prompted more bitcoin (BTC) To the rises that were previously seen at the beginning of the year.

According to Crypto.News data, Bitcoin managed to penetrate $ 105,000. At the time of the press, the largest encrypted currency increased by maximum market by 1.75 % over the past 24 hours. Hands are currently trading at 105,505 dollars, reaching the highest peak a day so far.

The maximum Bitcoin market is currently $ 2.09 trillion, rising by about 1.76 % over the past 24 hours. The daily trading volume in BTC also saw an increase after the price jump, increasing by 17.8 % compared to the previous day. BTC has been in a continuous march since the beginning of the month, as it increased by 25 % in the past thirty days.

News of temporary tariff cuts between the United States and China not only affects BTC, other major symbols like Ethereum (Eth), Tamulization (Xrp), And Solana (TellerIt was also pulled along. To date, Ethereum has increased by more than 2.7 %, reaching approximately 2600 dollars. Meanwhile, XRP increased by 2.17 % to $ 2.41 and Solana increased by 1.6 %.