Trump declares he wants to sign a 'super awesome' trade agreement with China, is the cryptocurrency world about to change?

Family, the cantaloupe is here! Trump recently announced loudly that he wants to reach a 'super awesome' trade agreement with China! As soon as this news was released, global markets began to stir, and our cryptocurrency world is even more on edge. What hidden secrets are behind this?

Let's look back; Trump has previously wielded tariffs like a club, disturbing global trade and causing turmoil in the cryptocurrency world. The prices of mainstream cryptocurrencies like Bitcoin and Ethereum have been like a roller coaster, rising and falling in turns. Altcoins have suffered even more, with many people's wealth evaporating in an instant. Now he suddenly says he wants to reach an agreement with China; this change is too sudden!

From a global economic perspective, the U.S. economy is currently under considerable pressure. Trump's tariff policies have driven up costs for American businesses, and consumers are starting to complain about soaring prices. Both the stock market and the bond market have plummeted, leaving investors in a panic. As for China, being the second-largest economy in the world and closely tied to the U.S. in trade, reaching an agreement would certainly provide a sigh of relief for the global economy.

Looking at the cryptocurrency world, cryptocurrency prices are closely linked to the global economic situation. If the U.S. and China truly reach an agreement, capital flows are bound to change. A substantial amount of capital may shift from safe-haven assets to risk assets, and the cryptocurrency world might see an influx of capital, with prices of mainstream coins like Bitcoin potentially rebounding, and altcoins could benefit as well. But if the agreement falls through, the consequences could be dire, and cryptocurrency prices are likely to continue their plunge.

We small retail investors must be cautious! Let's observe the situation first and not rush to blindly buy the dip or sell.