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Bitcoin set for $150K BTC price rally as US, China agree to slash tariffs

cryptoweekly by cryptoweekly
May 12, 2025
in bitcoin, News
0

The US will cut tariffs on Chinese goods from 145% to 30%, and China will slash duties on US imports from 125% to 10%, boosting Bitcoin’s breakout potential.

Key takeaways:

Bitcoin broke above $105,700 after the US and China agreed to slash tariffs.

A confirmed bull flag breakout on the weekly chart projects a $150,000.

Read more

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Recent Posts
  • Can you stake Bitcoin (BTC)? Here’s what you need to know
  • Bitcoin set for $150K BTC price rally as US, China agree to slash tariffs
  • Crypto custodian BitGo secures MiCA license in Germany
  • DeFi lending TVL is outpacing DEXs due to more sustainable yield — VC
  • Uniswap becomes first DEX to hit $3T in all-time volume
  • Feds deny late disclosure of evidence in Samourai Wallet case
  • Metaplanet now holds more Bitcoin than El Salvador

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