🌏 Global Markets & Crypto Update – Tariff Relief Fuels Rally 🚀
In a significant geopolitical move, President Trump has extended the China tariff deadline to November 10, 2025, keeping current rates steady and preventing a price escalation during the holiday shopping season. The decision comes as a short-term relief valve after April’s “Liberation Day” announcement shook global markets, wiping out $3 trillion in equity value.
Meanwhile, crypto markets are on fire:
Bitcoin (BTC) surged to $119,000, just shy of a major resistance level.
Ethereum (ETH) climbed toward its all-time high near $4,800.
The total crypto market cap has reached a historic $4 trillion.
Why This Matters 🔍
Reduced Short-Term Uncertainty: Easing trade tensions ahead of the U.S. elections is boosting confidence in risk assets.
Regulatory Optimism: The market is buzzing over pending spot ETF approvals for Solana (SOL), XRP, and Litecoin (LTC)—potential catalysts for the next wave of inflows.
Strong Technicals: BTC’s stock-to-flow model projects a price band of $300K–$600K by late 2026.
Robust Funding Environment: VC investments hit $4.9B in Q1 2025, with full-year projections above $18B—a sign that institutional appetite remains strong.
Trading Outlook 📊
BTC: Watch the $120K resistance. A breakout could aim for $135K.
ETH: Monitor $4,800; a breach opens the door to $5,000 and beyond.
Macro Watch: Keep an eye on mid-August CPI data for clues on Fed policy shifts.
Altcoins: Consider buying dips, especially in tokens awaiting ETF approval.
Risk Management: Maintain diversification—sentiment is still split on the long-term U.S.-China trade dynamic.
Bottom Line:
The tariff extension is a temporary truce giving markets room to breathe. Crypto, already riding strong technicals and regulatory momentum, could be setting up for another leg higher—if key resistance levels break.#BTCOvertakesAmazon