#CryptoCPIWatch
US-China Trade Talks Drive Crypto Market Expectations
New developments in U.S.-China trade talks, such as a 90-day tariff war and lower duties, have triggered a global market rally, including cryptocurrencies. Bitcoin surged 2.5% to $68,400, while Ethereum increased 1.8% to $3,200 today, as risk appetite grows. Reduced trade tensions suggest potential stability, triggering institutional inflows—Bitcoin ETF investments rose $120 million. With Polymarket having a 52% chance of a trade deal this month, investors seek additional gains in BTC and altcoins, but volatility persists if talks collapse.
