$BTC #TradeWarEases #TradeWarEases šŖ Are Bitcoin and Altcoins at the Start of a New Rally?
Today, the U.S. and China officially announced a temporary reduction in mutual tariffs to 10% for a period of 90 days. Analysts believe this could serve as a significant catalyst for both cryptocurrency and stock markets.
Here's what matters:
š” The tariff reduction will take effect on May 14, 2025
š” Bitcoin is already close to its ATH ($109,800), but now altcoins and stocks may begin to catch up
š” Nansen analysts believe a "recovery rally" for altcoins and stocks is likely
š” If the U.S. presents a fiscal relief package in mid-July ā including income and business tax cuts ā it could serve as a strong additional trigger for market growth
What has happened with these very high tariffs was equivalent to an embargo, and neither party wants that. We want trade. We want more balance in trade.
said U.S. Treasury Secretary Scott Bessent.
If this tone continues and the fiscal package proceeds ā Bitcoin could reach $150,000+, and altcoins could finally bounce back strongly after months of underperformance.
What do you think ā is this the start of a true rally, or just another round of false optimism?
š ā The rally is on
š„ ā Just temporary hype
