Is there a turning point in China-US tariffs? Gold plummets, Bitcoin strengthens against the trend
Major market movements
China is considering adjusting some tariff policies against the US, and the news has caused severe fluctuations in global markets. Gold fell 1.4% in a single day, losing the $3300 mark; the US dollar index rebounded strongly, with the offshore RMB exchange rate approaching 7.2; Bitcoin, however, showed resilience against the decline, with Trump-themed tokens (TRUMP, MAGA) rising over 15% in a day.
Analysis of the three major market focuses
1. Weakened safe-haven properties of gold
The signal of tariff adjustments has weakened safe-haven demand, with gold prices dropping $40 in a single day, testing the support level of $3287. However, long-term investors believe that expectations for a rate cut by the Federal Reserve still provide potential support.
2. Strong rebound of the US dollar
The US dollar index (DXY) rose 0.3% in a single day, putting pressure on non-US currencies. Market analysts remind that we need to be wary of the uncertainties brought by the repeated policies of Trump.
3. Undercurrents in the cryptocurrency market
Bitcoin prices stabilized, and the market has revisited the “digital gold” safe-haven property. Data monitoring shows that a certain whale address has accumulated an additional 5000 BTC, possibly as a risk hedging operation.
Outlook for future trends
Gold: If it falls below $3280, it may test $3167; if it holds the support level, it may experience a technical rebound. Bitcoin: Expectations of easing US-China relations may boost risk appetite, with $68,000 becoming a key price level. Trump-themed coins: Speculative properties are significant, and price fluctuations may exceed those of routine contract trading.
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