Bitcoin goes up while the US and China negotiate in London
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The conversation could be extended for several hours, or perhaps.
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The United States would be willing to make its position more flexible, according to some analysts.
Commercial tensions between the United States and China return to the scene with a new round of negotiations that are being held in London just now, in an attempt to decompress the tariff pressure.
In this context of renewed expectations, the price of Bitcoin (BTC) rose above $ 107,000, reflecting optimism in markets. Although, as cryptootics advanced this morning, any announcement that – although positive – did not fill the expectations of investors, could cause a “sale of the news” and the price would collapse.
Next, the TrainingView graphic shows How the price of BTC has behaved since January 1 of the current year:
The main axis of the conversations revolves around a possible mutual relief: according to Bloomberg analysts, Washington would be willing to make restrictions to its exports if China releases the limits imposed on rare earth shipments, key supplies for the global technology industry.
According to sources close to the US administration, Trump could consider relaxing strategic exports restrictions if Beijing gives clear opening signs.
