🟢 China and the US are cutting tariffs — markets have exhaled
— Update: the US and China have agreed to mutually reduce trade tariffs — a rare act of economic diplomacy in 2025 🌐
— The US is cutting duties from 145% to 30%, China — from 125% to 10%
— The agreement concerns electronics, cars, industrial equipment and raw materials
📈 The impact on the crypto market is positive:
— Geopolitical tensions are decreasing
— The dollar is weakening — this often leads to growth in $BTC
— More trust in global markets = higher risk appetite (yes, and in crypto too)
Historical fact: a similar "tariff relaxation" in 2019 led to a local growth of Bitcoin by 23% in a week.
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