$BTC
BITCOIN IS APPROACHING A NEW PEAK AS TRUMP ANNOUNCES "US-CHINA TRADE AGREEMENT IS FINALIZED"!
Breaking news from Binance News! Bitcoin ($BTC) is TRADING NEAR the level of 110,000 USD (the highest of the day is nearly $110,300) amid signs of EASED global economic instability.
MAIN DRIVERS:
US President Donald Trump SURPRISINGLY announced that the US-China trade agreement has been "FINALIZED," pending final approval. Trump stated that the US will receive a total of 55% in tariffs, while China will receive 10%.
The market reaction is POSITIVE, reflecting investor RELIEF over the potential easing of tensions between the two LARGEST economies in the world.
OVERVIEW ANALYSIS:
MACRO IMPACT "UNLOCKING" FOR CRYPTO?: A trade agreement could EASE MACRO ECONOMIC PRESSURE on both the crypto market and the traditional market, which have been HEAVILY impacted throughout 2025. Previously, the April tariff announcement caused Bitcoin to hit a low of 2025 ($74,434) and the S&P 500 to lose over $5 trillion.
EXPERT CAUTION: Despite the positive news, some analysts REMAIN CAUTIOUS.
CHINA CONFIRMS "PRINCIPLE AGREEMENT": The Vice Minister of Commerce of China also confirmed that both sides have reached a "principle agreement," describing the talks as "frank and in-depth."
IMPACT ON INVESTMENT FLOW: Uncertainty has REDUCED GLOBAL RISK APPETITE. Funding for crypto projects has SLOWED DOWN significantly.
Is this the "light at the end of the tunnel" for the market after macro instability? Or just a "calm" before new developments? Let's follow along and assess together!
Thank you for reading this article!