Trade War Chill Lifts Crypto: A Sunday Rebound
After one of the ugliest Fridays in recent crypto memory, markets finally caught a breath Sunday as Washington and Beijing both decided to dial down the drama. That gave crypto assets a chance to bounce back and get in the green.
President Trump — never one to shy away from a diplomatic mic drop — took to Truth Social late Saturday to announce that “The U.S.A wants to help China, not hurt it!” He added that President Xi “just had a bad moment,” reassuring markets that neither superpower wants a depression. Traders, apparently relieved that the weekend wasn’t going to devolve into an economic cage match, started buying again.
President Trump: Don’t worry about China, Source: Truth Social
Beijing’s tone shift helped…
