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The easing of tariffs between China and the United States has set off a boom in the crypto market! After Bitcoin broke through the 100,000 mark, is the second wave of the bull market coming?
The Geneva Agreement has been implemented, global capital is celebrating, how many days are left in the bargain hunting window?
[The first shot in the market: Agreement landing = risk asset carnival? ]
The "substantial progress" in the Sino-US trade negotiations is like a shot in the arm, directly igniting the long sentiment of global risk assets. According to the joint statement, the two sides will cancel 91% of the additional tariffs and suspend 24% of the tariffs for 90 days. This unexpected "tariff relaxation" not only eases the pressure on the supply chain, but also releases a positive signal for the recovery of global trade. Bitcoin (BTC) quickly broke through $104,000 after the announcement of the news, with a 24-hour increase of more than 3%, and Ethereum (ETH) also rebounded to above $2,500. Market analyst Rekt Capital even predicted that BTC may hit a record high of $110,000 in the short term.
[The first shot in the market: Agreement landing = risk asset carnival? ]
The "substantial progress" in the Sino-US trade negotiations is like a shot in the arm, directly igniting the long sentiment of global risk assets. According to the joint statement, the two sides will cancel 91% of the additional tariffs and suspend 24% of the tariffs for 90 days. This unexpected "tariff relaxation" not only eases the pressure on the supply chain, but also releases a positive signal for the recovery of global trade. Bitcoin (BTC) quickly broke through $104,000 after the announcement of the news, with a 24-hour increase of more than 3%, and Ethereum (ETH) also rebounded to above $2,500. Market analyst Rekt Capital even predicted that BTC may hit a record high of $110,000 in the short term.
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