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Bitcoin (btc) trading near 78,000 dollars on Thursday but continued to face resistance at 800 dollars as new tensions between the United States and China weighed on the morale of the country.
The White House has accused Chinese entities of carrying out targeted campaigns to steal American radio technology, adding to the geopolitical uncertainty weeks before the Trump-Sheit summit.
The White House escalates the dispute over artificial intelligence with China
said Michael Kratsios, director of the Office of Science and Technology Policy at the White House note On Thursday, foreign entities based in China are campaigning “on an industrial scale to match the advanced American artificial intelligence.”
It is reported that these campaigns use tens of thousands of proxy accounts that are hacked and hacked Proprietary data from American Artificial Intelligence models.
The administration said that it will share intelligence with American artificial intelligence companies and implement procedures to account for foreign entities.
This ad arrives weeks ago President Trump’s scheduled visit to China in mid-May to hold talks with President Xi Jinping.
Bitcoin faces resistance at $80,000
btc opened at 78,193 dollars on Thursday before falling back to around 77,465 dollars trading. The range is 80,000 to 80,600 dollars, a fixed ceiling throughout the month of April.
show series data The price achieved on the chain for traders at 76,800 dollars limit the last refreshments. In the auction, the $80,000 option became the most popular deal in the contract, with contracts totaling $1.78 billion.
This indicates that traders are preparing for a breakout that hasn’t happened yet, with a shortage of put contracts, but the increase in investors’ frustration.
Although the dispute over artificial intelligence has no direct technical connection with Bitcoin, there are concerns that rising tensions between the United States and China have reduced risk appetite in recent years.
The recovery of the price of Bitcoin to the psychological level of 80,000 dollars, which was tested before March, depends on the general mood of the markets as the meeting of Trump-things approaches.
