Global markets are gaining traction after the U.S. and China struck a short-term trade deal, dialing down tariffs to 10% for a 90-day period starting May 14.
The agreement, announced in Geneva, signals a rare moment of alignment between the two economic giants, easing fears of prolonged decoupling.
While Bitcoin had already led the rebound in risk assets, analysts now believe broader markets—including equities and altcoins—could follow.
Nansen’s Aurelie Barthere notes that with trade tensions cooling, assets previously under pressure may rally alongside BTC, which is just shy of its all-time high.
Barthere also hinted that a potential tax relief package expected by mid-July could further accelerate gains—especially if it includes deeper corporate and income tax cuts. Such a move, paired with positive technical patterns in Bitcoin, could fuel a surge past $150,000, according to some projections.
The broader message? Markets are suddenly more hopeful. Whether driven by geopolitical diplomacy or fiscal stimulus, risk appetite is back on the table.
A new wave of companies is joining the Global Dollar Network (GDN), a stablecoin initiative anchored by Paxos and backed by firms like Robinhood, Galaxy, and Kraken.
Bitcoin’s recent breakout above $100,000 is just one piece of a much bigger story: crypto is edging closer to the mainstream, and some of the biggest names in tech want in.
Just as DeGods NFTs began regaining momentum on Ethereum and Solana, the project’s founder, Rohun Vora—better known as “Frank”—announced he’s stepping away from day-to-day leadership.
Cryptocurrencies are now playing a dual role in the global economy—part speculative asset, part payment tool—according to a new analysis from the Bank for International Settlements (BIS).