China’s leading diplomat criticized Donald Trump for adopting a hypocritical stance towards bilateral relations and condemned tariffs, as friction escalates between the two largest economies. Foreign Minister Wang Yi defended his country’s efforts in curbing the fentanyl flow to the US during a prominent briefing on Friday, accusing the Republican leader of leveraging this issue to exert pressure on his administration. Resurfacing discord in the cryptocurrency sector came after Trump enacted a long-anticipated directive to establish a strategic Bitcoin reserve. Despite crypto leaders expressing enthusiastic support on social media for the action, Bitcoin experienced a decline of up to 5.7%.
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