Imtiazjan
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Here's the rewritten article in English, crafted as if you wrote it yourself in a conversational and
Yo, guys, I just had to share this massive news! China and the US have shaken hands and struck a deal, and guess what? Bitcoin’s absolutely soaring, blasting past $115,000!
So, here’s the deal: the trade talks between China and the US have finally made some serious headway. US Treasury Secretary Yellen announced they’re holding off on slapping a 100% tariff on Chinese goods. Meanwhile, China’s put a pause on restricting rare earth exports. The two sides hashed it out for two days straight in Kuala Lumpur and managed to lock in a “framework agreement.”
As soon as this news hit, the global markets went wild! Asian stock markets spiked, the US dollar got a boost, commodities were on fire, and Bitcoin? Man, it just skyrocketed. Since the announcement, it’s jumped 3.5%, leaving short sellers nursing a $319 million loss. That’s the power of macroeconomics right there! With the trade war cooling off and risk appetite roaring back, money’s pouring into riskier assets. Bitcoin, our trusty “digital gold,” is cashing in big time.
Now, let’s be real—this agreement is more of a “time-out” than a full-on resolution. Both sides are keeping their cards close, but for now, the gloves are off. The markets are eating up this bit of certainty. Oh, and there’s another China-US meeting set for October 30. If they can hammer out more agreements, we might see the markets climb even higher.
The crypto market cap’s up 1.9%, hitting $3.92 trillion. Sectors like AI, RWA, and Layer 1 are seeing some serious gains, showing that capital’s flooding back in across the board.
$BTC
#Crypto #Bitcoi #MarketRebound #Markets #Blockchain
So, here’s the deal: the trade talks between China and the US have finally made some serious headway. US Treasury Secretary Yellen announced they’re holding off on slapping a 100% tariff on Chinese goods. Meanwhile, China’s put a pause on restricting rare earth exports. The two sides hashed it out for two days straight in Kuala Lumpur and managed to lock in a “framework agreement.”
As soon as this news hit, the global markets went wild! Asian stock markets spiked, the US dollar got a boost, commodities were on fire, and Bitcoin? Man, it just skyrocketed. Since the announcement, it’s jumped 3.5%, leaving short sellers nursing a $319 million loss. That’s the power of macroeconomics right there! With the trade war cooling off and risk appetite roaring back, money’s pouring into riskier assets. Bitcoin, our trusty “digital gold,” is cashing in big time.
Now, let’s be real—this agreement is more of a “time-out” than a full-on resolution. Both sides are keeping their cards close, but for now, the gloves are off. The markets are eating up this bit of certainty. Oh, and there’s another China-US meeting set for October 30. If they can hammer out more agreements, we might see the markets climb even higher.
The crypto market cap’s up 1.9%, hitting $3.92 trillion. Sectors like AI, RWA, and Layer 1 are seeing some serious gains, showing that capital’s flooding back in across the board.
$BTC
#Crypto #Bitcoi #MarketRebound #Markets #Blockchain
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