US-China Trade Deal: Crypto Investors, Brace for Impact! 😱

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After a week of nail-biting suspense, the long-awaited meeting between US and China delegates finally happened in Geneva, Switzerland. And guess what? The trade talks didn’t end in a slap fight, but rather in a shiny, new agreement (or, at least, that’s what they want us to believe).

Despite the optimistic press releases from both sides, crypto investors seem to be holding their breath as the market took a tiny dip—because, apparently, that’s what crypto does best. Santiment, the data platform that always makes you second guess your life choices, is warning everyone to exercise caution.

The US-China Deal

The White House has provided some statements, which sound like something you’d hear at a corporate retreat, quoting high-profile US officials, including Scott Bessent, Secretary of the Treasury.

“I’m happy to report that we made substantial progress between the United States and China in the very important trade talks […] We will be giving details tomorrow, but I can tell you that the talks were very productive […] And I spoke to President Trump, as did Ambassador Jamieson, last night, and he is fully informed of what is going on. So, there will be a complete briefing tomorrow morning.”

Ah yes, details coming tomorrow—because who doesn’t love waiting for that sweet, sweet info drip?

Ambassador Jamieson Greer, ever the master of vague assurances, also chimed in with something that may or may not have been helpful: He reminded the world that this whole situation stemmed from a “national emergency declaration” over a “massive $1.2 trillion trade deficit.” Good times, right? But no worries! The delegation is “confident” that the deal struck will help resolve this alleged emergency. Phew. Crisis averted.

Proceed With Caution

Santiment, the platform that makes you feel like you’re about to miss the biggest investment opportunity of your life, noted that markets responded like a caffeinated squirrel. Asian stock markets and futures in the States perked up after the positive trade talks, with traders dreaming of a world where “tariffs will no longer be holding them back.”

They also added that tariff discussions have reached sky-high levels, with talk swirling around crypto markets for the first time since the great crypto bottoming of last month. And then, in typical crypto fashion, BTC jumped to $105,000… before plummeting back down to a more familiar price point. Nothing like a little volatility to keep things interesting, right?

And while most major altcoins are also in the red (as usual), Santiment advises investors to keep their cool and wait for actual details. They caution against getting too excited and falling for the age-old “buy the rumor, sell the news” trap. Because who needs more losses in their portfolio, right?

“If this deal indeed does immediately reduce the impacts on exporters & importers for both countries, we should see an instant bullish impact on all markets. Just avoid overextending until confirmations are made to avoid getting trapped into any ‘buy the rumor, sell the news’ scenarios.”

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2025-05-12 08:59