Bitcoin Price Drops 4%, Following Trade Deal Announcement

Bitcoin’s price experienced a significant drop of 4% following the US and China reaching a new one-year trade deal agreement, announced at a meeting between President Trump and President Xi Jinping. The sudden price fluctuation reflects the cryptocurrency’s heightened sensitivity to global economic policy shifts and their impact on market stability. The financial community is closely watching as both leaders agreed to the trade deal which has been reported by numerous media outlets.