US and China Reach Agreement on Tariffs, Impacting Bitcoin Market

Bloomberg reports that the US and China have agreed to reduce tariffs for 90 days. The Chinese government will lower customs duty on US-origin products from 125% to 10%, while the US simultaneously reduced its tariff on Chinese goods from 145% to 30%. This agreement has sparked a positive response in the Bitcoin market, with BTC price surging above $105,000. Updates will be provided as they become available.