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On May 12th, Bitcoin experienced a slight dip, losing 0.15% and trading at $103,890 internationally. This came after US President Trump announced a “total reset” in US-China trade relations following Geneva talks. The cryptocurrency market initially reacted positively to this news.
In India, Bitcoin prices remained relatively stable around ₹86.8 lakh, showing a minor decline of less than 1%. Despite the small fluctuations, the market sentiment appears optimistic regarding the potential for improved US-China trade relations. The minor dip reflects a cautious yet hopeful approach to the evolving economic landscape.
