Bitcoin Closes In On All-Time High As Crypto Prices Surge On US-China Trade Deal, Metaplanet Tops El Salvador In BTC
A landmark US-China trade deal has ignited a fresh rally in the crypto market, lifting Bitcoi n closer to it s all-time high and spurring Japan’s Metaplanet and potentially Strategy to add to their BTC war chests. Announced after weekend talks in Switzerland, the agreement will see both nations slash tariffs on each other’s goods for 90 days as the nations work to defuse bilateral tensions. The US will lower levies on Chinese products from 145% to 30%, while China will reduce its tariffs on American imports from 125% to 10%. Bitcoin (BTC) responded positively, climbing over 1% to $105,231.94 as of early Monday, narrowing the gap to its January all-time high of $109,114.99. Other cryptos surged even more sharply — Pi Network (PI) jumped 55%, Dogwifhat (WIF) soared 39%, and Kaspa (KAS) gained 21% in 24 hours. Top altcoin Ethereum surged 3.9% and XRP climbed 2.8%. Metaplanet Surpasses El Salvador In Bitcoin Holdings With Latest Purchase Amid the bullish sentiment, J...