#USChinaTensions
Currently, on April 21, 2025, the US-China tension with high tariffs (US 245%, China 125%) and the Nvidia chip export ban are causing significant fluctuations 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 last 24 hours, regarded as 'digital gold' and a safe haven amid a weakening USD, rising inflation, and economic instability.
• Stablecoin (like USDC): With negative market sentiment, investors are seeking safety. Stablecoins like USDC may benefit as they are used to preserve value during periods of volatility.
• Ethereum (ETH): Ethereum maintains its position in the DeFi and NFT ecosystem, with a current price of around $1,614, despite a recent decrease of 2.5%. The strength of ETH lies in its practical applications, being less directly affected by the chip ban compared to AI tokens.
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 advantageous during this period.
