Crypto & Stock Markets Show Cautious Optimism as US-China Trade Talks Loom

Stock and cryptocurrency markets displayed a flicker of hope on Tuesday evening after news broke that senior US officials are set to meet with their Chinese counterparts later this week in Switzerland. While the S&P 500 index saw a slight decrease in pre-market trading, the global crypto market cap experienced a notable surge, reaching $3 trillion after a 1.26% increase over the past 24 hours. Analysts attribute these shifts to growing optimism surrounding DeFi applications and increasing institutional investments.