{"id":394077,"date":"2019-08-23T14:57:08","date_gmt":"2019-08-23T14:57:08","guid":{"rendered":"https:\/\/wncen.com\/?p=394077"},"modified":"2024-06-11T13:24:40","modified_gmt":"2024-06-11T13:24:40","slug":"bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/","title":{"rendered":"Bitcoin Rises Minutes After China Announces Additional Tariffs on US"},"content":{"rendered":"<p>Bitcoin began an impressive price surge minutes after China <a href=\"https:\/\/www.ft.com\/content\/37f5900e-c5a1-11e9-a8e9-296ca66511c9\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">announced<\/a> that it would slap additional tariffs on US goods.<\/p>\n<p>Beijing said late Friday that it would increase taxes on $70 billion worth of US imports of between 5 and 10 percent. That progressed its already worsening trade dispute with Washington which last week had announced a similar tariff on $300 billion of Chinese imports.<\/p>\n<figure id=\"attachment_394084\" aria-describedby=\"caption-attachment-394084\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/bitcoin-price-23082019-2.png\" rel=\"noopener \"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-394084\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/bitcoin-price-23082019-2.png?resize=860%2C550\" alt=\"bitcoin, US-China trade war\" width=\"860\" height=\"550\"><\/a><figcaption id=\"caption-attachment-394084\" class=\"wp-caption-text\">Bitcoin spikes after China announced additional tariffs on US goods | Image credits: TradingView.com<\/figcaption><\/figure>\n<p>The BTC\/USD instrument spiked by $355, or 3.52 percent, to establish a local high towards $10,449.52 on San Francisco-based Coinbase exchange. The move uphill appeared shortly after China&#8217;s announcement, validating bitcoin&#8217;s growing correlation with the global trade dispute. Investors\/speculators evidently went bullish on the cryptocurrency&#8217;s near-term price prospects, a move similar to many ever since the US-China trade war picked momentum.<\/p>\n<h2>Renminbi Down<\/h2>\n<p>Sentiments towards the Chinese Renminbi dwindled on Friday, with analyst predicting the national currency would fall further due to the tariff announcement. As of 10:00 UTC, one dollar bought 7.079 yuan, the unit of the renminbi. Earlier, the price had dropped towards 7,099, a level never-touched-before since the financial crisis 11 years ago.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Currencies across the globe crashing to all-time, or multi-decade lows, and no one talking about.  Gee, I wonder if <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Bitcoin<\/a> will succeed.  See the Yuan, Rupee, Peso (Mexican and Argentine), Euro, Rand, Brazilian Real, etc.<\/p>\n<p>&mdash; Andy Hoffman\ud83c\uddf8\ud83c\uddfb (@Andy_Hoffman_CG) <a href=\"https:\/\/twitter.com\/Andy_Hoffman_CG\/status\/66661376?ref_src=twsrc%5Etfw\" rel=\"nofollow\">August 22, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The People&#8217;s Bank of China <a href=\"https:\/\/wncen.com\/2019\/08\/05\/bitcoin-soars-towards-12k-as-yuan-hits-decade-low\/\">allowed<\/a> the renminbi to go down below 7 a dollar in early August, sparking a further escalation in their dispute with the US. The move prompted the White House to call China a &#8220;currency manipulator.&#8221;<\/p>\n<p>Meanwhile, bitcoin encashed the most as two superpowers remained engaged in a tit-for-tat strategy. The cryptocurrency surged 5 percent on the day PBoC forced the renminbi lower. It is now eyeing to repeat the price action as investors look for safe-haven assets against the impending economic meltdown.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83c\udde8\ud83c\uddf3China raises tariffs on US<br \/>\u20bf Bitcoin Goes up<br \/>\ud83c\uddfa\ud83c\uddf8US raises tariffs on China<br \/>\u20bf Bitcoin Goes up <br \/>\ud83c\udde8\ud83c\uddf3China raises tariffs on US<br \/>\u20bf Bitcoin Goes up<br \/>\ud83c\uddfa\ud83c\uddf8US raises tariffs on China<br \/>\u20bf Bitcoin Goes up<\/p>\n<p>&mdash; Jacob Canfield (@JacobCanfield) <a href=\"https:\/\/twitter.com\/JacobCanfield\/status\/36029952?ref_src=twsrc%5Etfw\" rel=\"nofollow\">August 23, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Fed Easing Priced In<\/h2>\n<p>The bitcoin price rise came as traders also awaited further pointers from the US Federal Reserve Chairman Jerome Powell, as he spoke at annual central bankers meeting at Jackson Hole, Wyoming, today. He gave no new indication about cutting interest rate any further, as had demanded by Trump in his critical tweets on the Fed.<\/p>\n<blockquote><p>\u201cWe will act as appropriate to sustain the expansion,\u201d Powell said.<\/p><\/blockquote>\n<p>A rate cut in late July had <a href=\"https:\/\/wncen.com\/2019\/07\/31\/bitcoin-rises-as-markets-expect-decades-first-fed-rate-cut\/\">assisted<\/a> bitcoin in growing its market capitalization. Speculators <a href=\"https:\/\/wncen.com\/2019\/07\/27\/fed-interest-rate-cut-is-rocket-fuel-for-bitcoin\/\" target=\"_blank\" rel=\"noopener noreferrer \">believe<\/a> cutting interest rate further would increase the cash-liquidity among investors, which would then be able to route more capital into the bitcoin market.<\/p>\n<blockquote><p>&#8220;Economy slowing down only means one thing \u2014 cutting rates and printing money,&#8221; said Anthony Pompliano of Morgan Creek Digital Assets. &#8220;They don&#8217;t realize that they&#8217;re giving Bitcoin the rocket fuel it was built to consume. Long Bitcoin, Short the Bankers.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin began an impressive price surge minutes after China announced that it would slap additional tariffs on US goods. Beijing said late Friday that it would increase taxes on $70 billion worth of US imports of between 5 and 10 percent. That progressed its already worsening trade dispute with Washington which last week had announced a similar tariff on $300 billion of Chinese imports. The BTC\/USD instrument spiked by $355, or 3.52 percent, to establish a local high towards $10,449.52 on San Francisco-based Coinbase exchange. The move uphill appeared shortly after China&#8217;s announcement, validating bitcoin&#8217;s growing correlation with the global trade dispute. Investors\/speculators evidently went bullish on the cryptocurrency&#8217;s near-term price prospects, a move similar to many ever since the US-China trade war picked momentum. Renminbi Down Sentiments towards the Chinese Renminbi dwindled on Friday, with analyst predicting the national currency would fall further due to the tariff announcement. As of 10:00 UTC, one dollar bought 7.079 yuan, the unit of the renminbi. Earlier, the price had dropped towards 7,099, a level never-touched-before since the financial crisis 11 years ago. Currencies across the globe crashing to all-time, or multi-decade lows, and no one talking about. Gee, I wonder if #Bitcoin will succeed. See the Yuan, Rupee, Peso (Mexican and Argentine), Euro, Rand, Brazilian Real, etc. &mdash; Andy Hoffman\ud83c\uddf8\ud83c\uddfb (@Andy_Hoffman_CG) August 22, 2019 The People&#8217;s Bank of China allowed the renminbi to go down below 7 a dollar in early August, sparking a further escalation in their dispute with the US. The move prompted the White House to call China a &#8220;currency manipulator.&#8221; Meanwhile, bitcoin encashed the most as two superpowers remained engaged in a tit-for-tat strategy. The cryptocurrency surged 5 percent on the day PBoC forced the renminbi lower. It is now eyeing to repeat the price action as investors look for safe-haven assets against the impending economic meltdown. \ud83c\udde8\ud83c\uddf3China raises tariffs on US\u20bf Bitcoin Goes up\ud83c\uddfa\ud83c\uddf8US raises tariffs on China\u20bf Bitcoin Goes up \ud83c\udde8\ud83c\uddf3China raises tariffs on US\u20bf Bitcoin Goes up\ud83c\uddfa\ud83c\uddf8US raises tariffs on China\u20bf Bitcoin Goes up &mdash; Jacob Canfield (@JacobCanfield) August 23, 2019 Fed Easing Priced In The bitcoin price rise came as traders also awaited further pointers from the US Federal Reserve Chairman Jerome Powell, as he spoke at annual central bankers meeting at Jackson Hole, Wyoming, today. He gave no new indication about cutting interest rate any further, as had demanded by Trump in his critical tweets on the Fed. \u201cWe will act as appropriate to sustain the expansion,\u201d Powell said. A rate cut in late July had assisted bitcoin in growing its market capitalization. Speculators believe cutting interest rate further would increase the cash-liquidity among investors, which would then be able to route more capital into the bitcoin market. &#8220;Economy slowing down only means one thing \u2014 cutting rates and printing money,&#8221; said Anthony Pompliano of Morgan Creek Digital Assets. &#8220;They don&#8217;t realize that they&#8217;re giving Bitcoin the rocket fuel it was built to consume. Long Bitcoin, Short the Bankers.&#8221;<\/p>\n","protected":false},"author":496,"featured_media":394088,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3,4],"tags":[428,1310,45305,14221,4309],"class_list":["post-394077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","category-analysis","tag-bitcoin","tag-china","tag-fed-rate-cut","tag-jerome-powell","tag-us"],"acf":[],"yoast_head":"\n<title>Bitcoin Rises Minutes After China Announces Additional Tariffs on US |<\/title>\n<meta name=\"description\" content=\"Bitcoin began an impressive price surge minutes after China announced that it would slap additional tariffs on US goods. Beijing said late Friday that it\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Rises Minutes After China Announces Additional Tariffs on US |\" \/>\n<meta property=\"og:description\" content=\"Bitcoin began an impressive price surge minutes after China announced that it would slap additional tariffs on US goods. Beijing said late Friday that it\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-23T14:57:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:24:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/shutterstock_1416184409.jpg?fit=1000%2C667\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Davit Babayan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Davit Babayan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/\"},\"author\":{\"name\":\"Davit Babayan\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/7038e8ef0d3a8f446d711acb2308b223\"},\"headline\":\"Bitcoin Rises Minutes After China Announces Additional Tariffs on US\",\"datePublished\":\"2019-08-23T14:57:08+00:00\",\"dateModified\":\"2024-06-11T13:24:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/\"},\"wordCount\":454,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/shutterstock_1416184409.jpg?fit=1000%2C667\",\"keywords\":[\"bitcoin\",\"china\",\"fed rate cut\",\"Jerome Powell\",\"us\"],\"articleSection\":[\"Bitcoin\",\"Cryptocurrency Market News\",\"Technical analysis\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/\",\"name\":\"Bitcoin Rises Minutes After China Announces Additional Tariffs on US |\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/shutterstock_1416184409.jpg?fit=1000%2C667\",\"datePublished\":\"2019-08-23T14:57:08+00:00\",\"dateModified\":\"2024-06-11T13:24:40+00:00\",\"description\":\"Bitcoin began an impressive price surge minutes after China announced that it would slap additional tariffs on US goods. Beijing said late Friday that it\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/shutterstock_1416184409.jpg?fit=1000%2C667\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/shutterstock_1416184409.jpg?fit=1000%2C667\",\"width\":1000,\"height\":667,\"caption\":\"Bitcoin Rises Minutes After China Announces Additional Tariffs on US\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Rises Minutes After China Announces Additional Tariffs on US\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/7038e8ef0d3a8f446d711acb2308b223\",\"name\":\"Davit Babayan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/161d05dbcdb1ab4b30f01583f979e49e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/161d05dbcdb1ab4b30f01583f979e49e?s=96&d=mm&r=g\",\"caption\":\"Davit Babayan\"},\"description\":\"Davit Babayan is an Armenia-based expat balancing the academic life of a software design engineer with the experiences of a financial technology journalist. He aspires to be a full-time columnist and wants to write a book that would be called, \\\"A Homeless Who Found Bitcoin.\\\"\",\"url\":\"https:\/\/wncen.com\/author\/davitbabayan\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Rises Minutes After China Announces Additional Tariffs on US |","description":"Bitcoin began an impressive price surge minutes after China announced that it would slap additional tariffs on US goods. Beijing said late Friday that it","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Rises Minutes After China Announces Additional Tariffs on US |","og_description":"Bitcoin began an impressive price surge minutes after China announced that it would slap additional tariffs on US goods. Beijing said late Friday that it","og_url":"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-08-23T14:57:08+00:00","article_modified_time":"2024-06-11T13:24:40+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/shutterstock_1416184409.jpg?fit=1000%2C667","type":"image\/jpeg"}],"author":"Davit Babayan","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Davit Babayan","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/"},"author":{"name":"Davit Babayan","@id":"https:\/\/wncen.com\/#\/schema\/person\/7038e8ef0d3a8f446d711acb2308b223"},"headline":"Bitcoin Rises Minutes After China Announces Additional Tariffs on US","datePublished":"2019-08-23T14:57:08+00:00","dateModified":"2024-06-11T13:24:40+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/"},"wordCount":454,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/shutterstock_1416184409.jpg?fit=1000%2C667","keywords":["bitcoin","china","fed rate cut","Jerome Powell","us"],"articleSection":["Bitcoin","Cryptocurrency Market News","Technical analysis"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/","url":"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/","name":"Bitcoin Rises Minutes After China Announces Additional Tariffs on US |","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/shutterstock_1416184409.jpg?fit=1000%2C667","datePublished":"2019-08-23T14:57:08+00:00","dateModified":"2024-06-11T13:24:40+00:00","description":"Bitcoin began an impressive price surge minutes after China announced that it would slap additional tariffs on US goods. Beijing said late Friday that it","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/shutterstock_1416184409.jpg?fit=1000%2C667","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/shutterstock_1416184409.jpg?fit=1000%2C667","width":1000,"height":667,"caption":"Bitcoin Rises Minutes After China Announces Additional Tariffs on US"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Rises Minutes After China Announces Additional Tariffs on US"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/7038e8ef0d3a8f446d711acb2308b223","name":"Davit Babayan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/161d05dbcdb1ab4b30f01583f979e49e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/161d05dbcdb1ab4b30f01583f979e49e?s=96&d=mm&r=g","caption":"Davit Babayan"},"description":"Davit Babayan is an Armenia-based expat balancing the academic life of a software design engineer with the experiences of a financial technology journalist. He aspires to be a full-time columnist and wants to write a book that would be called, \"A Homeless Who Found Bitcoin.\"","url":"https:\/\/wncen.com\/author\/davitbabayan\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Rises Minutes After China Announces Additional Tariffs on US","url":"http:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/shutterstock_1416184409.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/shutterstock_1416184409.jpg?fit=1000%2C667"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Davit Babayan"}],"creator":["Davit Babayan"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","china","fed rate cut","jerome powell","us"],"dateCreated":"2019-08-23T14:57:08Z","datePublished":"2019-08-23T14:57:08Z","dateModified":"2024-06-11T13:24:40Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Rises Minutes After China Announces Additional Tariffs on US\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-rises-minutes-after-china-announces-additional-tariffs-on-us\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/shutterstock_1416184409.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/shutterstock_1416184409.jpg?fit=1000%2C667\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Davit Babayan\"}],\"creator\":[\"Davit Babayan\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"china\",\"fed rate cut\",\"jerome powell\",\"us\"],\"dateCreated\":\"2019-08-23T14:57:08Z\",\"datePublished\":\"2019-08-23T14:57:08Z\",\"dateModified\":\"2024-06-11T13:24:40Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/shutterstock_1416184409.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/394077"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/496"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=394077"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/394077\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/394088"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=394077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=394077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=394077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}