US President Donald Trump has further escalated tensions in the ongoing trade war with China. His statement comes just after Treasury Secretary Scott Bessent revealed that talks between both countries have stalled. Bitcoin rose in response to the president’s statement, while altcoins remained unchanged. Bitcoin Surges To $106K As Donald Trump Calls Out China In a Truth Social post, the US president stated that the bad news is that China has, perhaps not “surprisingly” to some, totally violated its agreement with his country. He added that “so much for being Mr Nice Guy.” The BTC price touched the $106,000 mark following his statement. Bitcoin had already dropped below the $105,000 level earlier in the day. As CoinGape reported earlier today, the US-China trade war had escalated after Bessent confirmed that trade talks have stalled. Bitcoin dropped below $105,000 following his statement, while altcoins also witnessed a sharp correction. Now, Donald… Read More at Coingape.com

The post Bitcoin Rallies As Donald Trump Says China ‘Violated’ Trade Deal With US appeared first on CoinGape.

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