US-China Trade Breakthrough: A Bullish Signal for Crypto Markets?
In a stunning turn at Busan's APEC summit, Presidents Trump and Xi just shook hands on a game-changing US-China trade truce—slashing tariffs from 57% to 47%, easing rare earth export curbs, and unlocking massive soybean buys for US farmers. Trump called it a "12 out of 10" win, hinting at a full deal "pretty soon." But here's the crypto kicker: this de-escalation is rocket fuel for risk assets.
Why? Reduced trade wars mean stabilized global supply chains, lower costs for tech hardware (think GPUs and ASICs for mining), and a sentiment shift that's already juicing Bitcoin from a dip below $110K back toward $118K. Altcoins like Ether are rebounding too, with meme tokens tied to Trump surging 20%+ on the hype.475107 Inflows are pouring in—experts predict $50B+ into crypto as Wall Street cheers the thaw.4b23cf
Geopolitical jitters linger (TikTok unresolved?), but this beats 100% tariff Armageddon. For traders: Long BTC above $112K, eye ETH for $5K breakout. China's rare earth nod could supercharge EV and AI plays, indirectly boosting DeFi yields. Crypto's not just surviving—it's thriving on this optimism. What's your play? #USChinaDeal #CryptoBullRun #BinanceSquare