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Bitcoin price sells off after Trump’s US-China tariff deal — Here is why

Cointelegraph.com NewsKey takeaways:Bitcoin lags as investors shift toward stocks after the US and China strike a deal that could end the current trade war.Macroeconomic conditions are swinging away from gold investing and back to stocks. Bitcoin (BTC) reached its highest price in over three months at $105,720 on May 12, but was unable to maintain its bullish momentum. Interestingly, the drop to… 

​Key takeaways:Bitcoin lags as investors shift toward stocks after the US and China strike a deal that could end the current trade war.Macroeconomic conditions are swinging away from gold investing and back to stocks. Bitcoin (BTC) reached its highest price in over three months at $105,720 on May 12, but was unable to maintain its bullish momentum. Interestingly, the drop to… 

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