The trade war between the United States and China is witnessing a resurgence of global risk appetite following weeks of heightened tensions.
The economic conflict, characterized by the U.S. imposing tariffs of 145% on Chinese goods and China retaliating with 125% tariffs on U.S. products, has now become a familiar scenario for the markets. Despite the initial harsh reactions, it appears that the markets are acclimating to these substantial tariffs, particularly with cryptocurrency investors adopting a cautiously optimistic stance toward the new situation.
Signs of Concession in Tariffs
Though both sides seem steadfast in their positions, behind the scenes, signals of easing tensions are emerging. After the market closed last Friday, the U.S. administration announced exemptions from the new tax package for smartphones, computers, and chips. While this may not be a clear retreat, it indicates that Washington is not eager to battle on all fronts.
That same morning, Chinese officials invited the U.S. to “completely eliminate” all retaliation tariffs. These developments between the U.S. and China are interpreted as signs of a potential compromise forming. However, neither Beijing nor Washington is in a position to risk appearing weak, leading to concessions being made quietly while public statements remain firm.
Cautious Optimism in Bitcoin and Cryptocurrencies
Macroeconomic risks continue to exert direct influence on the cryptocurrency market. For Bitcoin (BTC)
$84,678, risk indicators in the options market still suggest a slight decline expected until June. Notably, selling pressures in BTC risk reversals persist.
Bitcoin and Cryptocurrencies
However, the long-term outlook appears more positive. Aggressive purchases of $100,000 Bitcoin call options for March 2026 were noted on Saturday, strengthening investors’ expectations for a price increase in the future.
Currently, Bitcoin’s fluctuation between $80,000 and $90,000 reflects a “wait-and-see” approach in the market. Experts believe that if tariff tensions are resolved, the largest cryptocurrency’s upward momentum may regain its pace.