Crypto Prices Soar As Trump Is ‘Very Confident’ On China, EU Trade Deals
In a surprising twist in the ongoing global trade war, US President Donald Trump revealed that he is “very confident” about a trade deal with the European Union, adding that he will soon have a “good deal” with China as well.
Trump’s comments have provided much-needed respite to US equities and the crypto market. The S&P 500 and NASDAQ are up 0.85% and 0.45%, respectively, while the Bitcoin price has jumped by 2% to reclaim the $85,000 price level.
Among the altcoins, AI crypto assets such as Render (RNDR) and Artificial Superintelligence Alliance (FET) are already up double digits. Solana meme coins such as Dogwifhat (WIF) and Just A Chill Guy (CHILLGUY) are also pumping.
