After a period of turmoil marked by trade tensions between the US and China, a significant breakthrough has emerged with the two countries agreeing to a truce on their trade war. This deal, finalized after high-stakes negotiations in London and Geneva, is expected to unlock new opportunities for both markets. 80% of rare earth elements are mined in China, so this will be a big boost for both economies. The agreement also establishes a framework for China’s reintegration into the global supply chain, particularly in the automotive, semiconductor, and technology sectors. The US has lowered tariffs on Chinese products while China has agreed to drop its tariffs on American goods from 125% to 10%. This shift signals a return to predictability in international trade patterns and eased concerns of a potential economic crisis. The deal is already having an impact on the crypto market, with investors and analysts speculating that this could signal the start of the Altcoin Season in 2025.