XRP News Today: Crenshaw’s Dissent Highlights SEC Crypto Rift; BTC Holds Above $100k
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Bitcoin Holds Above $100,000 as US-China Trade Talks Loom
While XRP consolidated, bitcoin (BTC) faced mild profit-taking ahead of crucial US-China trade talks. Investors locked in profits after the US-UK trade deal, with attention now turning to the higher-stakes negotiations with China.
President Trump added uncertainty. CN Wire reported:
“China should open up its market to USA. Trump says tariff on China up to Bessent. Trump says 80% tariff on China seems right.”
The key question is whether China would reciprocate if the US lowers its 145% tariff to 80%. Recent rhetoric suggests a prolonged trade war if punitive tariffs remain.
