The cryptocurrency market is recording improved performance on Wednesday following a poor start to the week. Bitcoin, the leading cryptocurrency by market cap, is trading above $81,000 on Wednesday amid accelerating US inflation risks driven by the Iran war and US President Donald Trump’s travel to China. Traders are focusing on the trip to China as diplomatic talks between the two countries could be key to the market’s performance in the coming days. All focus on Trump’s visit to China Bitcoin has reclaimed the $81,000 level on Wednesday after briefly dropping below $80,000 the previous day. The positive performance comes as US President Donald Trump will visit China to meet President Xi Jinping.
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