The recent breakthrough in US-China trade negotiations has generated cautious optimism within the cryptocurrency community. While market sentiment remains uncertain, analysts believe that these positive diplomatic developments could pave the way for renewed investor confidence and a potential bullish phase in crypto markets. As the geopolitical landscape shifts, traders are closely watching for signs of stabilization and growth in major digital assets like Bitcoin and Ethereum.
<li Crypto traders remain bullish, citing political developments as supportive signals for future price growth.
A popular market sentiment indicator has moved into a slightly more positive zone, despite ongoing geopolitical uncertainties. The Crypto Fear & Greed Index registered a score of 37 on Sunday, climbing four points from Saturday’s 33. This moderate increase coincides with the White House releasing a detailed statement highlighting the recent trade agreement between President Donald Trump and Chinese President Xi Jinping.
Trade developments between the US and China have been closely monitored by industry stakeholders, as tariff tensions historically triggered significant swings in the crypto markets. For instance, after Trump announced a 90-day suspension of reciprocal tariffs on April 9, the Fear & Greed Index surged from “Extreme Fear” (18) to “Fear” (39) within a day, reflecting increased market optimism.
However, recent fears of a full-blown trade war resurfaced when Trump threatened to impose 100% tariffs on Chinese goods, leading to a sharp crypto market downturn that saw over $19 billion liquidated on October 11. Despite attempts at recovery, the crypto market continues to face turbulence, with some traders labeling the recent lows as potential “bottoms” in future analyses.
Market analysts remain optimistic, urging patience as the sector is believed to still be in the early stages of a bull market cycle. Crypto trader Michael van de Poppe emphasizes that Bitcoin and altcoins are in their infancy of a broader bullish trend.
Meanwhile, the White House announced that the suspension of heightened reciprocal tariffs on Chinese imports will extend until November 10, 2026, providing a more predictable framework for international trade and potentially fostering further stability in crypto markets. Responding to the current climate, traders like Ash Crypto and 0xNobler expressed bullish sentiments, citing the geopolitical resolution as advantageous for ongoing market growth.
Despite the minimal immediate impact on Bitcoin and Ethereum, which are currently trading at approximately $110,354 and $3,895 respectively, market participants remain hopeful. These assets have shown marginal gains over the past day and continue to attract attention as indicators of broader market health.
As geopolitical tensions evolve, the crypto market’s trajectory remains closely tied to international relations, with recent developments offering optimism for future gains in the digital asset space.
This article was originally published as Crypto Market Remains in ‘Fear’ Amid Trump’s China Deal on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.
