US -China Trade Deal To Determine Bitcoin’s Future Move

With the US-China engaged in a tussle over tariffs, investors had clung on to their dollars, yielding massive returns. But lately, with plans to ease tariffs afoot, uncertainties loom larger now. As per the latest developments, if the US increases imports, it will lead to weakening of the dollar, and simultaneously investors will flee from the dollar to other assets, possibly Bitcoin. The RSI of Bitcoin improved during April, with the aftereffects evident in May. Any new developments could either make or break the Bitcoin buyer’s sentiments.