Trump Trade Talks Spark Interest: 5 Chinese-Born Cryptos Poised for Volatility
As US officials hint at thawing trade relations, China-linked digital assets are back in focus. These homegrown tokens—often overshadowed by their Western counterparts—could see explosive moves if negotiations gain traction.
BNB: The Binance-backed behemoth remains the 800-pound gorilla of China-adjacent projects, despite its regulatory tango with multiple governments.
Conflux (CFX): Shanghai’s ‘blockchain darling’ quietly tripled its developer activity last quarter—though whether that translates to actual adoption remains to be seen.
VeChain (VET): Supply chain token that somehow still survives on ‘partnership’ announcements rather than measurable throughput.
NEO: The ‘Chinese Ethereum’ keeps resurrecting itself like a crypto phoenix—this time with a fresh layer-2 narrative.
Filecoin (FIL): Decentralized storage play that Wall Street analysts love to mention in reports they clearly didn’t read.
Trade talks might move these needles—or prove yet another case of ‘buy the rumor, sell the bureaucratic reality.’ After all, when has mixing politics and crypto ever gone wrong?
Top 5 Made in China cryptos price performance
Tron (TRX), NEO (NEO), VeChain (VET) and Conflux (CFX) gained between 0.5% and 3%, while OKB (OKB) noted a slight decline, down 0.16% in the last 24 hours, according to CoinGecko.
‘Made in China’ cryptocurrencies are tokens of blockchain projects developed in or with ties to China. Notable among these are NEO, considered an Ethereum equivalent, and Tron, famous for high transaction throughput and low fees.
Top 5 Made in China coins | Source: CoinGecko
The price performance of these tokens could be influenced by the trade negotiations between the US and China, as updates influence the sentiment of traders and market participants. After weeks of tariff concerns, news of negotiations between the two countries could likely act as a catalyst for the ‘Made in China’ coins.
US dominates Bitcoin mining activity, for how long?
A Cambridge Digital Mining Industry report from April 2025 ranks the top 5 countries in Bitcoin mining. Notably, China, once a leader in Bitcoin mining, has slipped in the ranks. China retains dominance as the country that exports a majority of ASIC miners (specialized hardware devices).
Global Distribution of Bitcoin Mining Activity | Source: Cambridge Digital Mining industry Report
China retains its Bitcoin mining infrastructure despite the nationwide ban, fueling speculation of a shadow crypto mining economy.
A research report published by the University of Cambridge Centre for Alternative Finance in October 2024 attributed 21% of the global Bitcoin mining hash power to China. Access to cheap electricity and locations like inner Mongolia that are isolated and focused on renewable energy are likely choices for underground Bitcoin mining operations.
Estimated Hash Power by Country | Source: University of Cambridge study
Nic Puckrin, co-founder of Coin Bureau and an expert on crypto, told to BeInCrypto:
“Despite the official ban, the infrastructure is already in place: from offshore mining to cross-border trading hubs. With more global momentum behind crypto adoption and the US taking the lead, China may find itself incentivized to lean in more strategically, even if unofficially.”
