Crypto Market Wobbles as China Pushes Back on US Trade Talks

The crypto market is feeling the pressure again, and this time it’s coming from across the Pacific. As digital assets cool off from a powerful rally, fresh geopolitical tension has crept in—China has officially denied claims of ongoing trade discussions with the United States, casting a shadow over investor optimism.

Crypto Faces Uncertainty Amid US-China Tensions

After a week where Bitcoin soared past $85,000 and altcoins saw green across the board, the market is now digesting a new blow: Beijing isn’t talking. While President Trump recently stated that trade negotiations were progressing daily, China’s Commerce Ministry told a different story. Spokesman He Yadong rejected any progress on tariff talks, calling such reports “groundless,” and demanded that the US “show sincerity” if it truly wants to strike a deal.

This denial adds another layer of tension to an already shaky global landscape and could pressure the crypto rally. Yet, there’s a twist: unlike previous cycles, Bitcoin seems to be breaking free from its traditional correlation with risk assets like stocks. Investors now appear to be treating it more like digital gold—a potential safe haven amid turmoil.

BTC Price Outlook: Bulls Still Have a Shot

Crypto analyst Titan of Crypto remains cautiously optimistic. In a recent X post, he pointed out that Bitcoin has reclaimed key support at $92,700 and is hovering near a large Fair Value Gap. For bulls, the next hurdles are clear: the previous daily and monthly highs near $95,000. A breakout above the Kumo Cloud could signal continuation.

However, if the rally stumbles, keep an eye on the Tenkan line—currently around $86,000—as the critical short-term support.

As tensions rise, the crypto market may once again prove it thrives on uncertainty.

Make money without lifting your fingers: Start using a world-class auto trading solution.

EightCap, your trusted Partner in CFDs, Cryptocurrencies and Stocks.