China and US are Coming to an Agreement! But What are the Details??

🇨🇳🇺🇸 BREAKING: US China are mutually stating that an agreement has been reached, with more details to come later Monday. Bitcoin ($104.1K) has mildly climbed, and altcoins are surging with Ethereum now all the way back above $2,500.

Stock markets are reacting positively, with anticipation from traders that tariffs will no longer be an anchor holding back their investments. We are seeing the highest discussion rate on this topic since the crypto market bottom one month ago. Though this does appear to be objectively bullish news on the surface, this White House announcement may entail the framework of a deal discussed in Geneva this weekend, rather than a completed executed deal.

We advise traders to await the official words from Trump in the morning US hours before assuming this is an immediate zero for zero tariff deal, or something equally as exciting. If this deal indeed does immediately reduce the impacts on exporters importers for both countries, we should see an instant bullish impact on all markets. Just avoid overextending until confirmations are made to avoid getting trapped into any "buy the rumor, sell the news" scenarios. 👍