šŗšøšØš³ USāChina Deal?? Then Why the Crash?!
Yes, President Trump did meet with Chinaās President Xi in Busan. The meeting is done.
But hereās the twist... thereās no final trade deal yet. Just confirmation of what was already agreed on before: a ābasic consensusā or framework.
No signatures. No timeline. Just vague optimism.
Markets didnāt like that. At all. š¬
š Within minutes of the news, $150M in crypto longs got liquidated, as Bitcoin and risk assets dipped hard.
Itās a classic ābuy the rumor, sell the newsā moment ā everyone was overly bullish going in, expecting fireworks. Instead, they got a polite handshake and diplomatic smiles.
š§ Add to that:
ā The Fed just cut rates by 25 bps,
ā Powellās tone was cautious (āDecember cut far from certainā),
ā And traders were already on edge...
You get a perfect storm for a post-meeting selloff.
So yeah ā Trump said progress was made, Xi agreed on a āgreat understanding,ā but until an actual trade deal gets signed, markets are staying nervous.
š In short:
Rate cut ā
Trade talks ā
Confidence ā
More #whale activity:
BlackRock, Fidelity and ARK 21Shares clients sell a combined $398.64 million worth of $BTC
Edit:
Guys I made this post immediately after their meeting.
š¤ Later I made a post about their new deal:




