Source: https://news.bitcoin.com/bitcoin-trades-sideways-as-us-china-trade-war-commences/

As the global economy faces uncertainty due to escalating trade tensions between the United States and China, both traditional assets and the leading cryptocurrency, Bitcoin (BTC), appear to be trading sideways. This stagnation comes as the world's two largest economies engage in a trade war that has significant implications for various financial markets.

The recent imposition of a 104% tariff by President Donald Trump on Chinese imports has heightened concerns about the impact of these trade tensions on the global economy. Some analysts have criticized this move as a risky and potentially detrimental strategy, with one analyst going as far as to label it as "doubling down on dumb."

In the midst of these developments, Bitcoin has experienced a period of stagnation, with its price showing little movement. This lack