#TradeWarEases

📉 The U.S. and China have agreed to reduce tariffs over the next 90 days, marking a significant de-escalation in their trade tensions. The U.S. will lower tariffs on Chinese imports from 145% to 30%, while China will reduce its tariffs on U.S. goods from 125% to 10% . This development has positively impacted global markets, with the S&P 500 futures rising 2.8% and the U.S. dollar strengthening by 0.7% . In the crypto market, Bitcoin (BTC) is trading at $104,899, reflecting a 1.3% increase . This easing of trade tensions could signal a more stable economic environment moving forward. #CryptoMarkets #Binance