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Mohamed Abdelhamid

Bitcoin Slumps Post US-China Trade Deal as Stocks Steal the Spotlight

Bitcoin experienced a notable downturn on May 12, 2025, slipping from a three-month peak of $105,720 to around $102,000, defying expectations after a US-China agreement eased trade tensions with a 90-day tariff suspension. This unexpected pullback has puzzled market observers, as the deal, which lowered import duties and hinted at …

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Brent Crude Soars Above $65 Amid US – China Trade Agreement

Brent Crude soared above $65 per barrel on May 12, 2025, climbing 2.37% to $65.40, fueled by a US-China 90-day tariff suspension that sparked a wave of risk-on sentiment across global markets. The temporary trade détente, easing tensions between the two economic giants, has bolstered expectations for stronger oil demand, …

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