$BTC **
Sharp rise in cryptocurrency prices as the US and China ease trade tensions
** Breaking News | May 12, 2025
Alternative digital currencies, such as Ethereum and Bitcoin, are rising after the US and China agreed to temporary tariff reductions, indicating a significant decrease in trade tensions.
**: Market Reaction**
Rise of alternative currencies | 7% + **ETH** | 5% + **
Bitcoin** -
Rise of risk assets as investors welcome reduced economic friction
Could this be the start of a broader bull wave for cryptocurrencies?
**Why This Matters**
Optimism about tariff relief**
Boosts global trade**
Is the dollar weak?** Commodities and cryptocurrencies may**
Benefit
The alternative currency season** is coming if the momentum**
Holds
**: Watch Key Levels**
Resistance at $65,000 → Break = Bullish: **BTC** -
Continuing
Next target $3,800: **ETH**