News 
May 12, 2025 
4 min. 
Bitcoin breaks $105k amid renewed optimism after the United States and China agreed to a 90-day pause on tariff escalations. The surprise announcement on Monday has rippled through the global economy, triggering bullish sentiment in the crypto market. With tensions easing between the world’s two largest economies, crypto investors are now eyeing a potential breakout phase.
The market’s swift reaction saw Bitcoin soar past the critical $105,000 level, reflecting newfound investor confidence and macroeconomic relief.
Speaking at a conference in Geneva, U.S. Treasury official Scott Bessent noted:
“We’ve come to understand that both nations share a vested interest in cooperation. Neither side wants decoupling, and the extreme tariffs were effectively acting like an embargo. Now, there’s a strong commitment to balanced trade and open dialogue.”
Bitcoin Breaks $105K as US-China Trade Truce Sparks Crypto Surge
In a landmark move reshaping global market sentiment, the United States and China have reached a mutual agreement to ease trade tensions through a temporary tariff rollback. This 90-day suspension marks a dramatic shift in trade policy between the two superpowers. It has boosted investor confidence worldwide, particularly in the crypto sector.
According to the newly announced terms, the U.S. will significantly reduce tariffs on Chinese imports, cutting them from a steep 145% down to 30%. In return, China will lower its duties on U.S. goods from 125% to just 10%. The crypto market was quick to respond. Bitcoin briefly soared to $105,000, before stabilizing around $104,338 at press time.
US-China Renew Trade Ties with Strategic Tariff Pause
In a major breakthrough, the United States and China have officially stepped back from their prolonged trade standoff by announcing a tariff-easing agreement. Acknowledging the need for a stable, long-term, and mutually rewarding economic partnership, both nations have agreed to reopen trade channels that had been frozen due to steep import duties.
This resolution comes as a relief to American businesses that had halted cross-border transactions amid escalating costs. As part of the agreement, both sides have committed to forming a structured dialogue mechanism aimed at fostering ongoing collaboration in trade and economic policy.
Crypto Market Soars as Bitcoin Hits Record Highs Amid US-China Truce
The recent breakthrough in US-China trade negotiations has sent shockwaves through the cryptocurrency market, igniting a powerful rally across major digital assets. With renewed investor optimism, the global crypto market cap has surged to $3.37 trillion, reflecting a 1.82% gain in just 24 hours.
Leading the charge, Bitcoin has climbed 10% in the past week, setting a new all-time high. Ethereum has followed with a sharp 41% increase, while XRP also posted solid gains of 12%. This momentum comes on the heels of the widely discussed US-UK trade agreement, further fueling bullish sentiment across global markets.
