Recently, the economic and trade teams of China and the United States have made important progress, reaching a preliminary consensus on the suspension of certain mutual tariffs. The U.S. side has agreed to postpone the imposition of tariffs on 24% of Chinese goods, and corresponding countermeasures from China will also be extended as scheduled. This trend is seen as a positive signal for the easing of China-U.S. trade relations, expected to inject new vitality into the global economy.

As the two countries continue to deepen their consultations, the decision to extend tariffs will undoubtedly bring positive news to the international market. This news may serve as a catalyst to boost risk assets, especially for the cryptocurrency market, which is particularly sensitive to macroeconomic changes. Market analysts predict that mainstream cryptocurrencies like Bitcoin and Ethereum are likely to seize this opportunity for a rebound.

However, investors still need to maintain a cautious attitude. The recent announcement by the Algerian government to completely prohibit cryptocurrency trading serves as a reminder of the volatility of geopolitical policies and their potential impact on the cryptocurrency market. Therefore, experts recommend that investors adopt a diversified investment strategy, closely monitor the policy trends of the Federal Reserve, and be prepared to respond to market fluctuations.

Overall, although the signs of easing in Sino-US trade relations are encouraging, participants in the cryptocurrency market still need to remain vigilant, weighing potential opportunities against risks and preparing for various possible scenarios.