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.
Coinbase is gearing up to broaden its futures trading capabilities, introducing round-the-clock contracts for Solana (SOL), XRP, and Cardano (ADA) starting June 13.
JPMorgan Chase CEO Jamie Dimon has delivered a stark message about America’s financial trajectory, cautioning that the U.S. dollar’s role as the world’s reserve currency could come under threat if deep-rooted fiscal problems aren’t addressed soon.
A new report from blockchain analytics firm Santiment highlights which DeFi projects have seen the most developer activity over the past month—and the leaderboard has shifted in unexpected ways.
Shiba Inu’s Shibarium team has launched an internal investigation into alleged rug pulls carried out by actors operating within the network.