While crypto traders argue in the comments, major players are gathering in London — US Treasury Secretary Janet Yellen, Trade Representative Katherine Tai, and Commerce Secretary Gina Raimondo. Vice Premier He Lifeng has arrived from China. This is not a lunch networking event, but a continuation of the 90-day truce agreed upon not to disrupt back in April.
They are not discussing trifles:
🧱 trade tariffs
🔌 chips that have already divided the world
⚗️ export of rare earth materials
🎓 visa restrictions for students
💊 fentanyl — an unexpected but critical guest on the agenda
Each side arrived with a suitcase of claims: the USA wants fewer Chinese “surprises” in technology, China wants fewer American “bans” on everything.
---
📉 And what about the markets?
🔻 Indices in Asia have fallen as traders sensed smoke before the fire appeared
🟧 Bitcoin holds steady, but it looks like it's eavesdropping on parents' conversation in the next room
🔄 Altcoins are moving, but without hysteria — just checking if the climate is changing
No one is running in panic, but everyone is quiet — even stablecoins seem contemplative.
---
🧠 What does this mean for crypto?
🔋 Mining — if China tightens material exports, a new ASIC will cost as much as a used Tesla
📉 Markets — peaceful meeting = risky assets back in fashion. But conflict — a reason to slow growth
🛡️ Technologies — more sanctions? New development centers may move to Asia (just not to China)
---
🧾 Conclusion
This is not a “meeting about all good versus all bad.” This is a strategic chess game for the future of technologies. The USA wants to put a filter on any chip, China wants to prove that without it, these chips cannot be assembled.
For crypto enthusiasts, this means:
🟡 or an open window of opportunities,
🟡 or a new wave of instability,
🟡 or both at the same time (because we are in crypto, here calm is the exception).
Follow the negotiations — these ladies and gentlemen in suits could decide how much the next bull run will cost.