Bitcoin Holds Steady Amidst U.S.-China Tensions

Bitcoin continues to hold near $111,000 despite heightened market volatility caused by escalating US-China trade tensions. While the cryptocurrency industry remains largely unaffected by these geopolitical shifts, macroeconomic anxieties are playing a significant role in influencing crypto prices. The recent U.S. policy implementing price floors for rare earth companies is seen as strategic action to counter China’s dominance in this sector. Bitcoin’s stability reflects this broader impact on global trade and digital currencies. 111K remains Bitcoin’s current price point, traders are assessing the potential consequences of these policies on global trade, particularly on crypto market behavior.