{"id":17589,"date":"2025-11-02T08:22:31","date_gmt":"2025-11-02T07:22:31","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=17589"},"modified":"2025-11-02T08:22:31","modified_gmt":"2025-11-02T07:22:31","slug":"crypto-markets-ongoing-fear-amid-trump-china-agreement","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/11\/02\/crypto-markets-ongoing-fear-amid-trump-china-agreement\/","title":{"rendered":"Crypto Market’s Ongoing ‘Fear’ Amid Trump-China Agreement"},"content":{"rendered":"

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A commonly utilized crypto market sentiment gauge has remained in ambiguous territory despite enhanced clarity regarding trade relations between the US and China. This comes as US President Donald Trump finalized a trade agreement with China this week.<\/p>\n

Nevertheless, certain crypto analysts propose that the announcement could soon yield a favorable effect on the crypto landscape.<\/p>\n

The Crypto Fear & Greed Index<\/a>, which evaluates overall crypto market sentiment, reported a \u201cFear\u201d score of 37 on Sunday, an increase of 4 points from its \u201cFear\u201d score of 33 on Saturday. This minor increase follows the White House\u2019s detailed statement elucidating the trade accord achieved between Trump and Chinese President Xi Jinping.<\/p>\n

US and China trade updates monitored closely by the sector<\/h2>\n

\u201cA substantial triumph that protects US economic vitality and national security while prioritizing American workers, farmers, and families,\u201d The White House stated<\/a> in a declaration on Saturday.<\/p>\n

The Crypto Fear & Greed Index has shown fluctuations over the previous three months. Source: <\/em>Alternative.me<\/em><\/a><\/figcaption><\/figure>\n

Developments concerning US and China trade have been under close scrutiny by numerous figures in the crypto domain, as tariff announcements since the onset of the Trump administration in January have frequently been associated with substantial shifts in the crypto market.<\/p>\n

After Trump declared a 90-day halt on reciprocal tariffs on April 9, the Crypto Fear & Greed Index score skyrocketed over the subsequent 24 hours, rising from an \u201cExtreme Fear\u201d score of 18 to a \u201cFear\u201d score of 39 the next day.<\/p>\n

Most recently, Trump\u2019s threat of 100% tariffs<\/a> against China was held accountable for the recent crash in the crypto market, which witnessed $19 billion liquidated within just 24<\/a> hours on Oct. 11.<\/p>\n

The crypto market<\/a> has been challenged to recuperate since then. In a post on X on Saturday, Michael van de Poppe, founder of MN Trading Capital, remarked that the day would be regarded as one of the \u201cbottom days in hindsight.\u201d<\/p>\n

Market still in \u201cinitial phase\u201d of bull rally, asserts analyst<\/h2>\n

\u201cThat\u2019s why we\u2019re presently still in an early phase of the bull cycle for Altcoins and Bitcoin,\u201d van de Poppe mentioned<\/a>.<\/p>\n

The White House announced that the US will sustain its suspension of \u201cincreased reciprocal tariffs on Chinese imports\u201d until Nov. 10, 2026.<\/p>\n

Related: <\/strong><\/em>Bitcoin initiates $100K \u2018capitulation\u2019 as BTC price metric experiences significant volatility<\/strong><\/em><\/a><\/p>\n

Crypto trader Ash Crypto stated<\/a>, \u201cThis clarity is Bullish for markets.\u201d Reinforcing a similar viewpoint, crypto trader 0xNobler declared<\/a> it was \u201cGIGA BULLISH NEWS.\u201d<\/p>\n

The recent trade agreement has thus far not demonstrated any significant effect on the crypto market. Bitcoin (BTC<\/a>) is valued at $110,354 and Ether (ETH<\/a>) at $3,895, reflecting an increase of 0.26% and 0.84% respectively over the past 24 hours, according<\/a> to CoinMarketCap.<\/p>\n

Magazine: <\/strong><\/em>Solana vs Ethereum ETFs, Facebook\u2019s sway on Bitwise: Hunter Horsley<\/strong><\/em><\/a><\/p>\n