$BTC

The impact of China-U.S. trade negotiations on the cryptocurrency market, while not as direct as on the stock or foreign exchange markets, still has indirect, structural, and potentially amplifying effects.

The following is an in-depth analysis from multiple perspectives:

🧭 1. The nature of China-U.S. trade negotiations and market linkage

✅ Definition

China-U.S. trade negotiations typically focus on issues such as tariffs, technology export controls, financial openness, and intellectual property rights. They have profound impacts on the global supply chain, capital flows, and the status of the U.S. dollar.

⛓️ Linkage mechanism

Changes in global risk sentiment (Risk-on / Risk-off)

Fluctuations in the U.S. dollar and the Chinese yuan