US-China Trade Deal Shakes Crypto: Will Bitcoin Hit $150K?
US-China trade deal sparks crypto optimism as Bitcoin nears $105K. Is $150K next?
A new chapter in global trade just opened. On May 11, 2025, the US announced a trade agreement with China in Geneva, aiming to ease years of tension, as reported by Ekonomim. Hazine Bakanı Scott Bessent called it a “significant step” to address the US’s $1.2 trillion trade deficit, with details to be shared on May 12. This follows months of negotiations, with posts on X reflecting optimism about reduced tariffs and sunnier economic days ahead.
How does this impact crypto? The deal comes as Bitcoin hovers around $103,000, fueled by its “digital gold” narrative. Gold prices also hit $3,380 per ounce amid trade war fears, showing investors flocking to safe-haven assets. A trade truce could boost global markets, potentially pushing Bitcoin toward $150,000 if economic stability drives more institutional investment. Solana, up 47% recently, might also benefit, but volatility looms—large transfers like Pump.fun’s $22M SOL dump to Kraken could spark short-term dips.
What are the risks? For new investors, this is a double-edged sword. While the agreement may spur crypto growth, unresolved issues like technological rivalry and past trade war scars (e.g., Huawei bans) suggest caution. The deal’s focus on tariff reduction doesn’t address deeper structural issues, and China’s history of strategic concessions—like buying US goods at lower prices during past disputes—shows they often come out ahead. Crypto markets could face turbulence if the deal falters or if global trade tensions resurface.
What should you do? Stay diversified and cautious. If you’re new to crypto, research thoroughly and invest only what you can afford to lose. Keep an eye on Bitcoin and altcoins like Solana, but brace for volatility.
Will this deal fuel a crypto bull run? Share your thoughts below and follow trafy.io for more updates!
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
