A recent 90-day tariff agreement between the US and China, set to begin on May 14, could stimulate a recovery in stock and cryptocurrency markets. This agreement will reduce tariffs to 10%, a significant cut from current levels, and suggests both nations aim to avoid economic decoupling. Analysts see this easing of trade tensions as a precursor for Bitcoin and altcoins to potentially exceed their January peaks. Bitcoin is nearing its all-time high, and the constructive nature of these negotiations could foster a rally across both digital currencies and US equities. Additionally, anticipation of a possible tax relief package by mid-July may further boost market sentiment. Insights from Nansen indicate that risk assets stand poised for recovery, contingent on the success of ongoing trade discussions.

Source đź”—