Crypto market sentiment stays in 'Fear' following Trump's deal with China
Despite a US-China trade deal, the Crypto Fear & Greed Index remains in 'Fear' territory, though some analysts anticipate a future positive impact.Summary
The Crypto Fear & Greed Index registered a 'Fear' score of 37, showing little immediate positive change following the trade agreement reached between US President Donald Trump and Chinese President Xi Jinping. Historically, crypto market movements have often correlated with US-China trade announcements; for instance, a tariff suspension previously caused the index to jump from 'Extreme Fear' to 'Fear.' While the recent deal, which suspends heightened reciprocal tariffs until November 2026, has been called "GIGA BULLISH NEWS" by some traders, the market has yet to show a noticeable positive reaction. Analysts like Michael van de Poppe suggest the market is still in the early stages of a bull cycle, implying that the current sentiment may shift positively later.
(Source：Cointelegraph)