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US-China Trade War Progress Sparks Crypto Market Attention

US-China Trade War Progress Sparks Crypto Market Attention

Author:

Global Cryptocurrency

Published:

2025-10-26 22:23:01

27

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BTCCSquare news:

Senior US and Chinese negotiators concluded talks in Kuala Lumpur with a preliminary framework to ease trade tensions, signaling potential relief for global markets. The agreement, described by Treasury Secretary Scott Bessent as "very positive," addresses export controls, shipping tariffs, and agricultural trade—ahead of the planned Trump-Xi summit.

Crypto traders monitored developments closely as the tentative deal removes the immediate threat of 100% tariffs previously set for November 1st. Market participants view geopolitical stability as a bullish signal for risk assets, including digital currencies.

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