• Trump raises tariffs on China to 30%. • China does nothing. • Trump hikes tariffs to 84%. • China responds with identical tariffs. • Trump bumps tariffs up to 145%. • China mirrors the move. • Trump says he wants Xi to call him. • China stays silent. • Trump says he’s “ready to make a deal.” • China does nothing. • Trump removes tariffs on electronics, smartphones, and several other categories. • China still does nothing. • Trump reimposes tariffs on electronics, smartphones, and those same categories.
Now imagine trying to trade this — or being the CEO of a major company whose entire supply chain depends on China.
Bitcoin has been in a downtrend lately, trading 30% below its all-time high. Since February, prices have mainly stayed between $76k-$85k. Whenever prices drop toward $76k, buyers step in and push prices back up. The Realized Profit/Loss Ratio helps explain this pattern. When this ratio falls below 1.0, it means more investors are taking losses than profits. This often signals seller exhaustion and leads to short-term rebounds. Each dip into the $76k-$80k range has coincided with this ratio dropping below 1.0, triggering relief rallies. However, the market hasn't shown sustained strength yet as it's still recovering from the emotional impact of the $109k peak.
⚡️ Additional duties of 104% on Chinese goods will be in effect in the US from Wednesday until Beijing agrees to sign a trade deal with the US - Trump.
Other statements from the US president:
- China will eventually strike a deal with the US;
- China's measures, which aim to offset duties imposed by the US, are "out of the box";
- U.S. will impose customs tariffs on pharmaceutical products.