Bitcoin Price Rises. U.S.-China Tariffs Deal Has Cryptos Eyeing New Highs.
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Bitcoin and other cryptocurrencies gained after the U.S. and China agreed to reduce tariffs for 90 days, de-escalating tensions between the world’s two largest economies. Bitcoin briefly jumped to $105,500 early Monday before slipping back to trade at $104,457, up 0.1% over the last 24 hours, according to CoinDesk data. Bitcoin is up about 10% in the last seven days while Ether has surged more than 40%.
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