Why the United States – China’s 90-day tariff cuts could push Bitcoin prices higher than $110,000
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The price of Bitcoin and the entire cryptocurrency and stock market have been pity for the tariff war after U.S. President Donald Trump was sworn in. The initial wave of tariffs increased countries such as China, triggering mass crashes across the financial markets, with Bitcoin price below $80,000. But the White House’s latest announcement on trade between the United States and China is about to end.
White House announces lowering of Chinese tariffs
In April 2025, U.S. President Donald Trump announced that tariffs on Chinese goods have been significantly increased to 145%, and more than 180 countries have also seen an increase in tariffs. This triggered a wave of panic and retaliation, triggering what is now called a “tariff war.” As the discussion progressed, another announcement in April showed tariffs in other countries except China had paused for 90 days.
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Although China has not yet been exempted, the 90-day pause has indeed had a positive impact on the market as Bitcoin prices resume, bringing the cryptocurrency market into it. Since then, Bitcoin prices have been from above $100,000, and the stock market has seen multiple green days.
Since then, trade negotiations have been underway between China and the United States, and parking facilities have been underway. In a statement on the White House website, it was announced that the U.S.-China Economic and Trade Conference in Geneva both China and the U.S. governments agreed to amend their respective applications and implement a 24-percentage point suspension.
The agreement is expected to last for the first 90 days, which gives both parties time to make a solution. This was done in a “spirit of mutual openness, continuous communication, cooperation and mutual respect”, the statement reads. ”
Why does Bitcoin price explode
Currently, the rally of Bitcoin prices is driven by positive news about tariffs. Therefore, more positive news is expected to continue to raise prices. The agreement between the United States and China points out that the two countries should implement tariff reductions by May 14, 2025. With only one day left, this deadline could trigger another gathering.
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With news of the suspension starting, it has sent no negative news for at least the next three months. This gives time, and most importantly, confidence in investors seeking returns, in risky assets such as Bitcoin. Bitcoin prices could quickly exceed $110,000 as early as Wednesday as investors return to returns in risk markets.
Featured pictures from dall.e, charts from tradingview.com
