Bitcoin at 7-week high thanks to Trump's easing of tariff stance
- Bitcoin $BTCUSD gained 3.1% to $93,000, the highest since early March.
- Investors were reassured by Trump's announcement of easing trade tariffs against China.
- The fact that Trump backed off from pressuring Fed chief Powell also triggered a positive reaction.
- The improving macroeconomic climate is supporting the growth...
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I am quite happy that the development is now stable and the price is going up. We'll see if it holds.