Bitcoin soars to new high as U.S-China trade agreement finalised
[NigerianEye - Nigeria] - 12/06/2025
Bitcoin is approaching a new all-time high, fueled by optimism over a finalized trade deal between the U.S. and China. President Donald Trump announced on Truth Social that the deal is “done,” pending final approval from Chinese President Xi Jinping. Trump claimed the U.S. will impose 55% in tariffs, while China will impose 10%, adding that relations are “excellent.” Though the agreement appears to ease tensions—especially over rare earth exports—analysts caution that concrete policy changes remain unclear. Wall Street futures dipped slightly following the announcement. Bitcoin (BTC) (…)
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