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Bitcoin.com 2025-05-12 19:50:09

Analyst Warns Bitcoin Rally Fleeting, Needs More Than Trade Truce for $110K Breakout

James Toledano says bitcoin’s breakout to $110,000 is within reach, but he warns that the crypto asset’s rebound is currently driven more by sentiment than by strong fundamentals. Bitcoin Rebound Hollow U.S. President Donald Trump’s retreat from his aggressive tariff rhetoric, coupled with the thaw in U.S.-China trade relations, places bitcoin’s $110,000 breakout within reach,

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