#TradeWarEases
Impact of Tariffs between America and China
on the Crypto Market:
1. Rise in Bitcoin and Ethereum prices: Investors viewed the news as a relief to global economic concerns, prompting them to buy.
2. Increased risk appetite: Eased trade tensions boosted interest in riskier assets like cryptocurrencies.
3. Improved liquidity in the market: Funds returned to the digital market after the previous volatility.
Direct example: Following the announcement, Bitcoin rose by 3.5% on the same day, and coins like SOL and OP recorded daily gains between 5% and 8%.