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Bitcoin Surges Amid US-China Trade Deal Hopes and Stock Market Sell-Off TheNewsCrypto 12 May 2025

Bitcoin Surges Amid US-China Trade Deal Hopes and Stock Market Sell-Off 📈

Bitcoin has demonstrated significant growth, reportedly surpassing stocks during last month's stock market sell-off. This uptrend follows U.S. President Donald Trump's announcement of tariffs on Liberation Day, boosting hopes for a favorable U.S.-China trade deal.

The largest cryptocurrency, Bitcoin, rebounded from a $75,000 low reported on April 7, climbing to $95,000, marking an impressive 27% increase amid these economic developments.

Source: thenewscrypto.com ↗

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