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News Explorer — Bitcoin and Ethereum Cool Following Early Surge, US-China Truce

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May 12, 4:11 pm
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Bitcoin and Ethereum Cool Following Early Surge, US-China Truce

Bitcoin and major altcoins initially surged on Monday but later dipped as the U.S. and China announced a reduction in tariffs, impacting investor sentiment. The easing of trade tensions led to Bitcoin briefly hitting $105,500, a response to the tariff truce between the two countries.

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