#TradeWarEases U.S. and China reduce tariffs, a boost for the crypto rally?
🚀On May 11, 2025, the U.S. and China agreed to a trade ceasefire in Geneva, reducing tariffs for 90 days starting May 14: the U.S. lowers from 145% to 30% and China from 125% to 10%, according to Reuters.
This pact, which includes a dialogue mechanism, sparks optimism in the crypto markets.
The #TradeWarEases relieves macro pressures, boosting the crypto rally.
@BitFinanzas on X: “Tariffs down, BTC up, altseason breathes!”.
Sustainable or temporary hype? History favors the bulls if dialogue progresses.