During times of tension in Sino-American trade relations, global markets are prone to enter a risk-averse sentiment, with gold and Bitcoin often viewed as safe-haven assets, thus their prices may sometimes rise. For example, if the dollar depreciates, investors will turn to cryptocurrency assets for preservation of value. The U.S. interest rate policy, expectations of interest rate hikes, and adjustments in monetary policy can also indirectly affect cryptocurrency prices. Additionally, the regulatory dynamics of the U.S. regarding the cryptocurrency industry often stir market nerves. Understanding macroeconomic policies and Sino-American relations can provide a more comprehensive judgment on the overall direction of the cryptocurrency market, rather than just looking at charts to trade.