Crypto Market Sentiment Remains in ‘Fear’ After US-China Trade Deal
- The Crypto Fear & Greed Index recorded a score of 37, indicating ‘Fear’, up from a score of 33 the previous day.
- US President Donald Trump announced a trade deal with China, which the White House described as a victory for US economic strength.
- Bitcoin (BTC) is currently priced at $110,354 and Ether (ETH) at $3,895, reflecting slight increases of approximately 0.26% and 0.84% over the last day.
- The US will maintain its suspension of heightened tariffs on Chinese imports until November 10, 2026.
- Recent trade tensions have historically influenced significant movements in the crypto market.
Despite the positive developments in US-China trade relations, the crypto market sentiment remains cautious as indicated by the Fear score of the Crypto Fear & Greed Index. Analysts are monitoring these developments closely due to their potential impact on Bitcoin and other cryptocurrencies.
Currently, Bitcoin’s price reflects ongoing market uncertainty despite recent news, with BTC trading at $110,354 and ETH at $3,895.(Source)
