Tag: tariffrelief

Bitcoin Surges to $85K Amid Tariff Relief, $90K Target in Sight

Bitcoin Surges to $85K Amid Tariff Relief, $90K Target in Sight

BTC/USD nearly doubled in value to hit $85,379. This increase came on the heels of news of potential tariff relief on critical tech imports from the US-China trade war. Lowering tariffs would help alleviate cost-push inflationary pressure on the prices of those imports. Such a development could strengthen market expectations...