Trump-Xi Deal Eases Trade Tensions, Boosting Crypto Market

A meeting between US President Donald Trump and Chinese President Xi Jinping, held in Busan, South Korea, has led to a thawing of tensions between the two countries. The deal involved reducing tariffs on goods traded between China and the US, while also tackling fentanyl trafficking. These commitments are expected to have positive impacts on both the global economy and the crypto market, where uncertainty related to Fed rate decisions had previously sparked volatility.