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.
Web3 giant Animoca Brands is preparing to take its business public in New York, capitalizing on what it sees as a more crypto-friendly environment under President Donald Trump.
With New York’s first crypto summit just days away, Mayor Eric Adams is making it clear: the city is positioning itself as a global epicenter for blockchain development.
Aiming to pivot deeper into the digital asset space, Nevada-based GD Culture Group is preparing to launch a major crypto-focused treasury strategy, backed by a substantial stock sale agreement worth up to $300 million.
Hype around a supposed Truth Social meme coin launch has been firmly shut down by Trump-affiliated organizations, following a viral post that sent meme coin circles into a frenzy.