#TradeWarEases The US-China trade war has shown signs of easing, with both countries agreeing to reduce tariffs on each other's goods. China will lower tariffs on US goods from 125% to 10%, while the US will cut its tariffs on Chinese products from 145% to 30%. These reduced tariffs will remain in effect for the next 90 days, allowing both nations to engage in further trade negotiations.

*Impact on Crypto Market:*

- *Increased Institutional Investment*: Analysts predict that the easing of trade tensions may encourage institutional investments in cryptocurrencies, potentially leading to increased market activity.

- *Bitcoin Trading Volume*: Economic uncertainty often results in increased Bitcoin trading volumes, making cryptocurrencies an attractive option during global tensions.

- *Stable Assets*: Investors may favor stable assets like Ethereum and other major altcoins, potentially driving up their prices.¹

*Bitcoin's Current Trend:*

- *Bullish Signal*: Bitcoin's weekly MACD has flipped green, a historically bullish signal, indicating potential for further price increases.

- *Price Movement*: Bitcoin is currently trading above $104,000, inching closer to the $105,000 mark, with analysts predicting a potential parabolic move if past patterns hold true.

- *Altcoin Performance*: The decline in Bitcoin dominance suggests traders are rotating capital into altcoins, with some tokens jumping 10-30% in the last 24 hours.²