🚨US-China Tariff Deal Ends Soon: Crypto Markets Prepare (Aug 12) 🚨
The 90-day tariff truce between the US and China expires tomorrow, posing a major geopolitical risk to global markets, including crypto. With current combined tariffs at 30% on Chinese goods, failure to extend could lead to sharp escalations.
Recent reports show both sides pushing for an extension, but President Trump holds the ultimate decision. Analysts caution that no deal might spark panic in FX and commodities, spiking crypto volatility as investors flock to alternatives like BTC.
Experts predict mixed outcomes for crypto: Escalation could trigger initial sell-offs and drops (e.g., BTC falling 3-5% amid risk-off sentiment and liquidations), but long-term, it may drive inflows as a geopolitical hedge against uncertainty and inflation. An extension, however, would reduce uncertainty and likely boost prices, as seen in past rallies on truce news.
Stay vigilant—trade tensions could reshape portfolios fast!