- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Crypto Market Eyes Major Rally
By: bitcoin ethereum news|2025/05/05 16:00:02
0
Share
In the latest development, US President Donald Trump has revealed plans to lower tariffs on China, sparking speculations of a crypto market rally. Recently, Trump acknowledged the current 145% levy is excessively high and has effectively halted trade between the two nations. As Trump plans to lower the tariffs substantially, the crypto community is enthusiastic about a potential market rally. This article examines the reasoning behind Trump’s upcoming tariff decisions and their potential effects on the cryptocurrency market. Crypto Market to Surge Amid Trump’s Tariff Plans According to a recent CNBC report, US President Donald Trump has hinted at lowering tariffs on China at some point in the future to secure a fair-trade deal. “At some point, I’m going to lower them, because otherwise, you could never do business with them, and they want to do business very much,” cited Trump. Possibly, this decision could spark a crypto market rally. A reduction in tariffs could ease inflationary pressures and interest rate hikes, potentially benefiting the crypto market. Given the historical patterns, Bitcoin and other cryptocurrencies might see significant benefits from such a tariff move. US and China to Agree on a Fair Trade Notably, the US has currently imposed a high tariff of 145% on Chinese imports. In response, China has increased its tariff to 125% on American trade. This move has significantly impacted the markets and is likely to trigger inflation. Higher tariffs could lead to increased prices for manufacturing equipment and everyday essentials like clothing and toys that many Americans depend on. This critical situation has led Trump to think about lowering tariffs, which could decrease costs for consumers and businesses, benefiting the US economy. While expressing optimism about reaching a trade deal with China, Trump recognized some of the former’s recent statements as “positive.” The recent developments suggest China is open to trade talks with the US following President Trump’s tariff announcements. This potential shift could signal the start of negotiations between the two countries, leading to Trump’s tariff easing. How Will Trump’s Tariff Easing Impact Crypto Market? Since Trump’s tariff announcements, the crypto market is experiencing severe fluctuations, with top cryptocurrencies like Bitcoin, Ethereum, and XRP seeing dumps and pumps. Bitcoin’s recent price fluctuations have been notable, initially holding steady despite traditional market downturns before dipping below $80,000. However, with current trading above $94,000, Bitcoin might reportedly surge past $100,000 as the US’ potential tariff easing could boost market sentiment. ✓ Share: Nynu V Jamal Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content. Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss. Source: https://coingape.com/trump-signals-lower-tariff-on-china-crypto-market-eyes-major-rally/
You may also like
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.
Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply
Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.
Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."
$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.
Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?
Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years
Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.
Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?
Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
App