#USChinaTensions
As of now, April 21, 2025, the US-China tensions with high tariffs (US 245%, China 125%) and the ban on Nvidia chip exports are causing significant turmoil in the cryptocurrency market. Based on this context, several cryptocurrencies have the potential to benefit:
• Bitcoin (BTC): Bitcoin has recovered from $67,450 to $85,895, increasing by 1.44% in the past 24 hours, seen as “digital gold” and a safe haven amid a weakening USD, rising inflation, and economic instability. [Web ID: 0, 1, 11, 23] [Post ID: 0, 1]
• Stablecoin (like USDC): With negative market sentiment, investors are seeking safety. Stablecoins like USDC may benefit as they are used to preserve value during volatile periods. [Web ID: 11, 23]
• Ethereum (ETH): Ethereum maintains its position in the DeFi and NFT ecosystem, with the current price around $1,614, despite a recent decline of 2.5%. The strength of ETH lies in its practical applications, being less directly affected by the chip ban compared to AI tokens. [Web ID: 11] [Post ID: 0]
Coins like NVDA Coin and AGIX (AI tokens) are under significant downward pressure (7.5% and 5.2%, respectively) due to the Nvidia chip ban, so they are not beneficial during this period. [Web ID: 11]
