Trump and China... Will the upcoming agreement ignite the crypto market?
In new statements, former President Donald Trump hinted at the possibility of reopening trade understanding with China, asserting that "the agreement is possible and important for both parties".
Why is this news important?
China holds significant economic and geopolitical weight, and any rapprochement with the United States means more stability in global markets.
The tension between the giants has caused capital to flee to alternative havens like crypto.
The anticipated agreement could open the door for the return of liquidity to digital markets, especially if accompanied by a relaxation of restrictions on mining currencies or their use in Asia.
Expected impact?
Increased investor confidence
Higher trading volume
Possibility of major currencies like BTC and ETH rising
Return of momentum for alternative coins (Altcoins)
Summary:
Markets are on alert… and if an agreement is indeed reached, we may see a new wave of growth in crypto.
Politics drives the economy, and the economy pushes crypto upwards.
#CryptoNew #Bitcoin