The 'trade war' is basically over. In response to Trump's 145% tariffs on China, China announced an increase in tariffs on the U.S. to 125%. Meanwhile, they declared: If the U.S. continues to raise tariffs, China will not respond.

Friends with experience in arguments can all feel that if you are arguing with someone, what is the most frightening thing? It’s not when the other person fights back, but when they no longer pay attention to you!

Although Trump does not play by the rules, in the end, he finds: the clown is actually myself.

Everyone can finally take a breath.

Bitcoin is also performing strongly today, hitting $83,000.

I. Market News

1. Federal Reserve's Kashkari: Investors are pulling out of the U.S.

2. Ministry of Finance: Adjusting the increased tariff rate from 84% to 125%.

II. Project Updates

1. BugsCoin completed $12 million Series A financing, with participation from Becker Ventures and others.

2. Curve founder: extending the lock-up period of veCRV holdings to 4 years again.

3. Plastic Labs completed $5.35 million pre-seed financing, led by Variant and others.

4. Social application Towns completed $10 million Series B financing, led by A16z.

III. Market Trends

1. BTC breaks through 83,000 USDT.

$ETH