Dow Jones surged 300 points after positive signals from the US trade deal — could this trigger a bullish trend in the crypto market as well?
This news comes from the US Secretary of Commerce who stated that the trade deal is complete, awaiting final approval. The effects were immediate: S&P 500 and Nasdaq also strengthened, driving a stock market rally that had previously been flat due to uncertainty over Trump's strategy.
However, despite the rise, Trump's new administration still records a poor performance in the first 100 days — the S&P 500 recorded its worst decline since 1973!
What is the connection to crypto? Traditional markets and crypto are becoming increasingly interconnected. As economic uncertainty remains high — such as a decline in consumer confidence for 5 consecutive months and a plummet in job openings — investors tend to seek alternative assets.
Bitcoin and Ethereum could be hedge solutions, especially amidst geopolitical turmoil and uncertain macroeconomic conditions.
Meanwhile, stocks like Honeywell surged 5% due to positive financial reports, crypto is also waiting for strong catalysts — possibly from ETFs, network upgrades, or institutional adoption.
Conclusion: The Wall Street rally could be an early signal of a significant movement in crypto. Prepare your strategy, as when traditional markets rise, smart money could soon flow into digital assets.