$BTC

US-China Agreement:

The United States and China agreed to reduce tariffs for 90 days.

America reduced tariffs on Chinese goods from 145% to 30%.

China reduced tariffs on American goods from 125% to 10%.

Market Effects:

Stocks: Global rise in stock markets, such as Tesla's stock rising by 10%.

Gold: Price drop of over 2% due to reduced demand for safe havens.

Commodities: Increase in soybean prices with expectations of rising demand.

Cryptocurrencies: Bitcoin stabilizes above $100,000.

Wider Implications:

The European Union has also begun to remove previously imposed tariffs.

Investors are showing optimism, and there are recommendations to increase investments in American and European stocks.