Bitcoin’s performance is also influenced by global economic dynamics. The recent U.S.-China trade agreement, which includes a 90-day tariff reduction, has positively impacted investor sentiment, contributing to the Bitcoin price surge. Furthermore, Bitcoin’s correlation with traditional financial markets, such as the S&P 500, suggests that it is increasingly viewed as a macroeconomic asset.
Bitcoin Price Hovers Above $103K; Eyes New ATH
view original post