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According to the announcement, the US will cut tariffs on Chinese goods from 145% to 30%. In return, China will lower tariffs on US products from 125% to 10%. Both sides hope this pause will open room for more talks.
The crypto market responded quickly. Bitcoin, which had dropped below $80,000 in April after tough tariff talk from President Trump, made a fast comeback. On the day of the announcement, BTC jumped 1.3%, reaching $105,251 – a price not seen since late January.
Traders welcomed the news, saying it brought some relief to markets shaken by months of tension. Many believe the move could boost trade and investor confidence in the short run.
Bitcoin’s rise shows how closely tied crypto markets can be to global events. Analysts say the next few weeks will be key in watching how the price reacts if trade talks continue to improve.
For now, the temporary tariff cut is a win for both diplomacy and Bitcoin holders.
English (US) · 