China & U.S. Reach Preliminary Trade Agreement Affecting Crypto Markets

Preliminary trade agreement emerges from China-U.S. economic talks, impacting the cryptocurrency market. Discussions between Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng on October 25th in Beijing yielded this accord, potentially boosting financial cooperation and driving volatility in crypto assets like Bitcoin (BTC) and Ethereum (ETH). Increased interest from major U.S. institutions such as BlackRock and Fidelity Digital Assets is also creating ripples across Asia’s financial landscape.