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US-China Tensions Ease, Fuels Crypto Market Surge

US-China Tensions Ease, Fuels Crypto Market Surge

Author:

Global Cryptocurrency

Published:

2025-10-28 18:59:02

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BTCCSquare news:

Easing geopolitical tensions between the US and China have injected optimism into cryptocurrency markets. Negotiations ahead of the anticipated Trump-Xi meeting have already yielded tangible progress, including a proposed reduction of US tariffs on Chinese goods from 20% to 10%. In return, China is expected to tighten controls on fentanyl precursor chemicals.

The Wall Street Journal reports these developments are appeasing risk markets, creating favorable conditions for crypto rallies. Traders are positioning ahead of the Federal Reserve's rate decision, with leaked negotiation details suggesting further positive momentum. Market participants view the de-escalation as removing a key November downside risk.

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