Bitcoin Sells Off at $9K Again as US-China Tensions Dent Risk Sentiment

Bitcoin failed to maintain a floor above $9,000 as renewed US-China trade tensions dented global risk sentiment. The cryptocurrency got off to poor start this week, but the market remained convinced about a long-term price rally. The bullish sentiment disregarded Bitcoin’s correlation with the S&P 500, the U.S. benchmark looking to close Q2 in losses. Bitcoin sold off at $9,000 all over again as investors anticipated the beginning of a new U.S.-China trade war atop […]

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