China and U.S. Reach New Trade Deal, Impacting Global Markets

In a significant development, China and the United States have reached an agreement aimed at easing long-standing trade tensions. Led by President Xi Jinping and former President Donald Trump, the deal involves adjustments to tariffs and export controls to foster economic cooperation between the two countries. This landmark agreement is expected to impact global markets, potentially influencing cryptocurrency values as past U.S.-China trade decisions have historically affected Bitcoin and Ethereum price volatility.