Crypto prices defy FOMC uncertainty and show bullish power in the US-China's positive trade news.
US Treasury Secretary Scott Bessent and US trade representative Jamieson Greer will meet with Chinese government representatives this week later in Switzerland, hoping to enter into a fair trade transaction.
Both Bessent and Chinese Vice President He Lifeng has confirmed the news, providing a significant boost to the financial markets. The US stock market futures are later on the Green Wednesday, despite the FOMC interest rate decision.
Bitcoin's price traded up to $ 97,500 in news before setting up to $ 96.5,000 during the press. Altcoins are also in green, with Litecoin, Onyxcoin and Worldcoin among the top performers, each of which is on the best crypto lists of experts to buy.
How does the US-China Trade War affect crypto prices?
Trading is an old proverb: show me a chart and I'll tell you the news.
The global M2 money supply measured global liquidity has already confirmed the start of the new crypto bull market.
Global Macroinvestor CEO Raoul Pal's chartWhat highlights the extremely strong correlation with the Global M2 with Bitcoin shows that the price of BTC can exceed $ 140,000 this year.
The global money supply continues to increase significantly, which will increase Bitcoin's price target for this year.
The US-China trade transaction could be a catalyst that sends both Bitcoin and Altcoin prices, jumping to new heights.
US Treasury Secretary Scott Besent set out X posts, placing fair trade in this weekend's Swiss meeting.
Although every trade transaction is currently a dream of pipes, the Besent meeting is a positive step for the Chinese Vice -President to end the tariff war between the two major powers.
All eyes are now at the FOMC meeting today, especially with the Fed Jerome Powell speech. Despite the fact that the central bank should permanently persist in its federal target, 425-450 base points, Powell could take the Dovell's attitude, which can be exposed to crypto prices.
As such, the Fed chair must calm investors in relation to the negative US Q1 GDP, which caused fears of recession last week. The hint of reducing this year's aggressive rate or quantitative alleviation can cause a strong rally.
Powell's remarks could help Bitcoin's price to ruin $ 99,000 resistance by paving the road to the highest of all all time.
The best altcoins to buy right away
Bitcoin continues to be a consensus selection for experts for the best crypto to buy now. The $ 150,000 this year now seems to be a reasonable price target, with some bulls now waiting for the rally to $ 200,000 during this bull.
Smart money investors also hunt for free bitcoin. New meme coin, BTC Bull (BTCBULL)Has raised over $ 5 million because of all its demand.
Its owners serve free BTC, as well as Token Burn Events and Btcbull Airdrop when Bitcoin prices reach certain sets of milestones. The first token burn is $ 125,000, while the first bitcoin Airdrop is $ 150,000, both of which can happen in this quarter itself.
Because of their unique value offer, many outstanding influencers call it the next 100x male.
Side -based investors should also consider getting exposed to AI crypto room by buying a blue chip such as bitensor, Virtuals Protocol and Fartcoin.
New Pepe's mind (mind) There is also a high demand as it has already raised nearly $ 9 million in its pre -sale.
The small body AI-coin draws significant six-digit investments from the whales before launching AI Agent on 10 May and on the final date of the pre-sale, May 31.
Like BTCBull, early buyers are up to 100x returns.
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