Recent changes in trade agreements between the US and China have noticeably impacted the cryptocurrency market, particularly Bitcoin.
Impact of Current Trade Agreements
Following the announcement of a 90-day tariff truce between the US and China, Bitcoin reached a new three-month high of $105,787. Reports indicate that the US reduced tariffs from 145% to 30%, while China cut from 125% to 10%.
Michael Saylor's Recommendations
Michael Saylor, former CEO of MicroStrategy, urged the US to buy Bitcoin at current prices and warned that other countries will be forced to buy it at $50 million per coin in the future. He emphasized that now is the time for decision-making regarding purchases.
Overview of New Projects in Crypto Market
Bitcoin Pepe (BPEP) is set to list on May 31 as the first meme ICO, promising Solana-level speed and features. Experts believe this is the last opportunity for investors to engage with this revolutionary platform.
The trade agreements between the US and China have led to rising Bitcoin prices and formed a positive sentiment in the cryptocurrency market. Attention to new projects like Bitcoin Pepe is growing.
