• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Will Trump Pardon Sam Bankman-Fried? Polymarket Odds Surge as Traders React to CZ’s Release
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Will Trump Pardon Sam Bankman-Fried? Polymarket Odds Surge as Traders React to CZ’s Release
Us-China Trade War Boosts Stock Market, Bitcoin Next?

US-China Trade Optimism Sends Stocks to ATH, is Bitcoin Next?

Anatol Antonovici
by Anatol Antonovici
5 years ago
·
Posted in Bitcoin, Bitcoin Price
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Global stocks surged on Thursday, driven by the US-China trade optimism. Elsewhere, British Prime Minister Boris Johnson’s historic win boosted the UK and European stocks. Markets have now become volatile, but what about Bitcoin? Let’s briefly analyze the two medium-term scenarios.


Stock Rally Might Boost Investors’ Appetite for Cryptos

Usually, Bitcoin has shown no correlation to traditional assets, including stocks. However, in the last few months, several ups and downs in the S&P 500 index, which tracks 500 of the largest US companies, coincided with Bitcoin trends, though at different scales. You can check some of the latest correlations in the chart below:

bitcoin BTC chart US stocks

Yesterday, the S&P 500 index, along with NASDAQ, updated the record high after the US agreed to ink an interim trade deal with China. Dow Jones is fluctuating near its ATH set last month. Based on recent correlations, this might be a bullish signal for Bitcoin as well.

Trump tweeted yesterday that the world’s two largest economies were very close to reaching consensus.

Getting VERY close to a BIG DEAL with China. They want it, and so do we!

— Donald J. Trump (@realDonaldTrump) December 12, 2019

The US President agreed to a limited deal that would rollback existing tariffs on imported goods from China. Also, the US will give up the new tariffs planned to take effect this Sunday. In exchange, China will have to buy US farm goods, among other concessions.

Trump met with his trade advisers yesterday, discussing potential outcomes.

Elsewhere, the Conservative Party’s major win boosted European stocks.

This wave of bullishness might benefit Bitcoin in the medium-term. The king of crypto has gained over 0.8% in the last 24 hours, according to Coinmarketcap data. Nevertheless, it still cannot break the resistance line of a downtrend that started at the end of October.

Bitcoin Might Be Left on the Shelf

However, in a bearish scenario for Bitcoin, investors might be attracted by traditional assets at the expense of cryptocurrencies. They don’t want to miss the rally and might jump into stocks. Besides, unlike BTC, foreign exchange currencies like the British pound became very volatile, presenting a strong case for short-term trading.

All in all, Bitcoin is now at a crossroad, and the next move might decide the longer-term trend.

What’s Bitcoin’s next stop? Share your expectations in the comments section!


Images via Shutterstock, Investing.com, Twitter: @realDonaldTrump

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Anatol Antonovici

Anatol Antonovici

Follow

Full Profile

Related Posts

DeepSeek คาด Bitcoin อาจถึง $190,000 พร้อมชี้ 3 เหรียญเด่นที่อาจพุ่งตาม

DeepSeek คาด Bitcoin อาจถึง $190,000 พร้อมชี้ 3 เหรียญเด่นที่อาจพุ่งตาม

11 hours ago
Bitcoin

Bitcoin Dolphins Are Dominating With Rapid Buying, How Much Have They Bought And Hold?

11 hours ago
Bitcoin

Pundit Says The Bitcoin Price Has Topped If This Doesn’t Happen By Next Week

12 hours ago
เหรียญ Bitcoin สีทองอยู่ในกล่องใสพร้อมตัวอักษร MT.GOX

ตลาดโล่ง! Mt. Gox เลื่อนคืน Bitcoin มูลค่า 4 พันล้านดอลลาร์

22 hours ago
Bitcoin iPhone

An Internal War Is Raging For Bitcoin And A Hard Fork Could Be The End Case

1 day ago
มหานครโตเกียวล้ำยุคกับตึกเรืองแสงโลโก้ Bitcoin

แก้เกมด่วน! Metaplanet ใช้ Bitcoin ค้ำซื้อหุ้นคืน 500 ล้าน ดึงความเชื่อมั่นกลับตลาด

1 day ago
Please login to join discussion

Premium Sponsors

Press Releases

  • Deleion Capital Launches Mobile App for Passive Crypto Earning for Diversified & Profitable Investments

    Deleion Capital Launches Mobile App for Passive Crypto...

    31 minutes ago
  • Crypto Predictions Confirmed: Tundra Presale Creating...

    18 hours ago
  • DDEX Launches Trade-to-Earn: Redefining Decentralized Trading Through Incentives

    DDEX Launches Trade-to-Earn: Redefining Decentralized...

    18 hours ago
  • меме койни

    Най-добрите меме монети за...

    20 hours ago
  • Белият дом туит

    Туитът за Белия дом на GameStop...

    2 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.