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Crypto Prune > Market > The US and China resume negotiations today. Bitcoin is waiting for news
Market

The US and China resume negotiations today. Bitcoin is waiting for news

9 months ago 1 Min Read

Today, on June 9, 2025, Treasury Secretary Scott, Commerce Secretary Howard Luttonick and commercial representative Jamieson Greer will meet with officials from the Republic of China government in London, UK. They will hold conversations on the issue of tariffs affecting international trade between the two countries.

“The meeting should be very successful,” wrote US President Donald Trump last week. And Bitcoin (BTC) and cryptocurrency investors would like.

As Cryptootics has reported extensively so far this year, “The Tariff War” Trump has unleashed against other parts of the world (and mostly against China) It had a negative impact on financial markets.

Therefore, official statements, primarily from Donald Trump, have special interest after the meeting occurs, which could affect the price of BTC.

If the novelty is minimal or slightly positive (but without reaching market expectations), it will likely result in a “news sale” and BTC price drop.

Instead, With great progress, the urge to catapult Bitcoin could be given to new heightsperhaps this week will bring new historic maximums.

At the time of this publication, the cryptocurrency calculator shows it Bitcoin is trading at $105,875.

See also  "I said the Bitcoin Bull Run was over, but I was wrong."
TAGGED:FinanceMarket
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