$ETH $ETH #ETHCrossed2500 Ethereum (ETH) crossing the $2,5 | johnsmith Zero to Hero on Binance Square

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Bullish

$ETH $ETH #ETHCrossed2500 Ethereum (ETH) crossing the $2,500 price mark—a significant milestone for the cryptocurrency market. This could reflect bullish sentiment, increased adoption, or macroeconomic influences like interest rate expectations or ETF developments.

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$BTC Market Reactions The announcement had an immediate positive impact on global financial markets: U.S. Stock Markets: The Dow Jones Industrial Average surged by 1,044 points (2.5%), the S&P 500 increased by 2.9%, and the Nasdaq rose by 4%. Technology and Retail Stocks: Companies such as Apple, Amazon, Dell Technologies, and Best Buy saw significant stock price increases, reflecting investor optimism. Global Markets: Asian equities closed higher, and the dollar strengthened against other major currencies.

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#TradeWarEases The United States and China have agreed to a significant, albeit temporary, reduction in tariffs, marking a notable de-escalation in their ongoing trade tensions. Following negotiations in Geneva, both nations consented to lower their respective tariffs for a 90-day period to facilitate further discussions toward a comprehensive trade agreement. Key Details of the Agreement Tariff Reductions: The U.S. will decrease tariffs on Chinese goods from 145% to 30%, while China will reduce tariffs on U.S. imports from 125% to 10%. Duration: The tariff reductions are set to last for 90 days, providing a window for both countries to negotiate a more permanent resolution. Exemptions: Certain U.S. tariffs, particularly those related to fentanyl-related goods, will remain in place.

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