Bitcoin Price Eyes $110K as US-China Slash Tariffs in Historic Deal

Bitcoin Price Eyes 110K as US-China Slash Tariffs in Historic Deal

Bitcoin’s price trajectory is poised for a significant upward movement following a groundbreaking trade agreement between the United States and China. The recent market volatility caused by Trump’s economic policies appears to be subsiding as both nations agree to reduce tariffs by 24 percentage points over a 90-day period.

Understanding the US-China Tariff Agreement

The trade tensions that began with President Trump’s implementation of 145% tariffs on Chinese goods in April 2025 sent shockwaves through global markets, pushing Bitcoin below $80,000. However, the landscape is rapidly changing following the US-China Economic and Trade Meeting in Geneva, where both nations committed to a significant tariff reduction.

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Market Impact and Bitcoin Price Analysis

The cryptocurrency market has shown remarkable resilience, with Bitcoin recovering above $100,000 following the initial announcement of tariff negotiations. Technical indicators suggest strong support at current levels, with the potential for a push beyond $110,000 as market confidence returns.

Key Factors Supporting Bitcoin’s Bullish Outlook

  • 90-day tariff reduction agreement providing market stability
  • Increased institutional confidence in risk assets
  • Positive momentum in global trade relations
  • Technical support levels holding strong

FAQ Section

When will the tariff reductions take effect?

The implementation deadline is set for May 14, 2025, with both nations expected to honor the 24-percentage-point reduction immediately.

How long will the tariff reduction last?

The initial agreement covers a 90-day period, during which further negotiations will take place to establish long-term trade policies.

What is the projected Bitcoin price target?

Market analysts suggest Bitcoin could reach $110,000 or higher within days, supported by improved market sentiment and reduced global trade tensions.

Timeline Expected Developments
May 14, 2025 Tariff reduction implementation
Next 90 Days Continued trade negotiations
Q3 2025 Potential long-term trade agreement