Trump Halts China Tariff Pause Crypto Crash

US-China Trade War and Crypto Market Reactions

• The US has imposed a 145% tariff on Chinese goods, while China retaliated with a 125% tariff on U.S. imports.
• China is reportedly easing tariffs on select U.S. products like semiconductors and pharmaceuticals.
• President Donald Trump claimed ongoing talks with China, but Beijing denied any negotiations.
• Bitcoin reached $95,000, its highest in 60 days, amid global trade uncertainty.
• Ethereum faces resistance at $1,800; potential rally if it breaks through to $2,000.

The ongoing US-China trade tensions have led to significant economic uncertainty, impacting both traditional markets and cryptocurrencies. Bitcoin’s value surged to $95,000 as investors sought digital assets as a safe haven. Meanwhile, Ethereum’s price movement hinges on overcoming the $1,800 resistance level.