The markets rose and investor sensitivity increased after a major decline signal in economic tension by explaining comprehensive discounts on the United States and China’s trade tariffs. Bitcoin (BTC) While reacting quickly, the crypto defender Arthur Hayes X said, “Buy everything,” he said.
Arthur Hayes calls investors to ‘buy everything’ when the US-China trade war is cooling and Bitcoin goes above 104 thousand dollars
According to a statement from the White House today, Beijing reduces customs duties to US goods from 125 %to 10 %, while Washington will reduce customs duties to imports from China from 145 %to 30 %.
These changes, which will enter into force on May 14, will be valid for 90 days and are seen as an important step towards the restoration of the global trade flow.
Crypto and stocks reacted positively
The announcement led to a positive reaction in financial markets. The total crypto money market value increased by 1 %with Bitcoin’s trading over $ 104,100 and Ethereum was traded at $ 2,500. Altcoins such as XRP and Ada also earn, while the GMCI 30 index rose to more than 2 %.
The US stock futures have also followed this, and contracts connected to S&P 500, Nasdaq, Dow Jones and Russell 2000 rose by more than 2 %in pre -market transactions. Meanwhile, the gold recently withdrew 3 %after reaching new summits.
*It is not an investment advice.
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Source: https://www.bitcoinsistemi.com/abd-ve-cin-anlasti-kripto-savunucusu-arthur-hayesten-kripto-para-aciklamasi-geldi-iste-detaylar/
