US-China Tariff De-Escalation Rumors Drive Crypto Market Toward $3 Trillion

Both Bitcoin and the stock markets surged today after Treasury Secretary Scott Bessent allegedly suggested that tariffs with China will be eased. This is the second time in a month that tariff rumors led to a market rally. However, TradFi market hype began deflating without the White House assuring a pause, while Bitcoin remained steady. This could prove a useful data point that Bitcoin is decoupling from the stock market after previous correlation source: https://beincrypto.com/bessent-us-china-tariff-bitcoin-bullish-momentum/