Trump Gives 90 Days for China Tariff Suspension, BTC Jumps to $119,500!

Jakarta, Pintu News – The President of the United States, Donald Trump, recently announced a delay in the implementation of tariffs on imported goods from China for another 90 days. This decision was taken ahead of the previous deadline which was due to expire on August 12.

According to Coingape, this move is expected to reduce trade tensions between the world’s two largest economies and provide an opportunity for further negotiations. Not only does this delay impact trade relations between the two countries, but it also has a significant effect on the crypto market.

The price of Bitcoin (BTC), for example, experienced a sharp spike, reaching a high of $119,800. This shows that macroeconomic policies still have a great influence on the value of digital currencies.

Check out the full information in this article!

Direct Impact on Bitcoin (BTC) Price

According to a report from CNBC, the decision to postpone these tariffs had an immediate impact on increasing the price of Bitcoin (BTC). The cryptocurrency briefly breached the $122,000 mark before dropping back down to the $119,000 range.

Despite the decline, market analysts still expect a potential rise in Bitcoin (BTC) prices if the global trade situation stabilizes. Crypto markets often react quickly to changes in global economic policy.

In this case, Trump’s postponement of tariffs could be a positive signal for investors who see Bitcoin (BTC) as a safe haven asset amid economic uncertainty. However, it remains to be seen whether this positive trend will continue or if it is just a momentary reaction.

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Upcoming Predictions and Analysis

Crypto analyst, Altcoin Sherpa, suggests two possible scenarios for Bitcoin (BTC) price movement going forward. In the first scenario, the Bitcoin (BTC) price may experience a pullback and form a stronger base over a longer period of time.

This is thought to help form a more sustainable uptrend. In the second scenario, the price of Bitcoin (BTC) may simply retest the higher liquidity points around $120,000.

Both scenarios are highly dependent on global market dynamics and upcoming economic policies, including inflation data from the US scheduled for release on August 12 and 13.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. Trump Extends China Tariffs Pause by 90 Days, BTC Price Bounces. Accessed on August 13, 2025
• Featured Image: The Times of Israel