US-China Trade Deal Impacts Crypto Markets: A Cautious Optimism

The US-China trade deal, negotiated between President Trump and President Xi Jinping, brought significant relief to global financial markets. This de-escalation in trade tensions led to a temporary boost in crypto market valuations, with Bitcoin and Ethereum seeing early gains. However, the optimism remains cautious, as crypto market sentiment is still heavily influenced by macroeconomic risks and concerns over regulatory stability.