403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Crypto markets edge higher as US and China reach trade deal framework
(MENAFN- Golin Mena) Abu Dhabi, United Arab Emirates – Monday, 27 October 2025
Crypto markets have seen modest gains over the weekend following statements from US Treasury Secretary Scott Bessent that the United States and China have agreed on a positive framework regarding Chinese export controls on rare earth minerals, helping to avert the previously threatened 100% tariffs on Chinese imports.
According to Simon Peters, Crypto Analyst at eToro, this geopolitical development contributed to renewed investor optimism. Bitcoin is up over 3% in the last 24 hours, trading at approximately $115,300, while Ethereum rose 5% and Solana gained 3%.
Looking ahead, investors are focusing on key upcoming events that may influence market sentiment. President Trump and Chinese President Xi Jinping are scheduled to meet at the Asia-Pacific Economic Cooperation (APEC) Summit in South Korea on Thursday.
Beyond geopolitics, attention turns to Wednesday’s US Federal Reserve interest rate decision and the accompanying press conference by Chairman Jerome Powell. Cooler-than-expected US inflation data released last week has boosted expectations that the Fed may implement further rate cuts, potentially including another move on 10 December 2025.
Current market odds, according to CME’s FedWatch tool, suggest a 97% probability of a 25-basis-point cut at Wednesday’s meeting and 96% for the December meeting. Simon Peters notes that any rate cuts combined with dovish commentary from Chairman Powell could further support upward momentum in crypto markets.
Crypto markets have seen modest gains over the weekend following statements from US Treasury Secretary Scott Bessent that the United States and China have agreed on a positive framework regarding Chinese export controls on rare earth minerals, helping to avert the previously threatened 100% tariffs on Chinese imports.
According to Simon Peters, Crypto Analyst at eToro, this geopolitical development contributed to renewed investor optimism. Bitcoin is up over 3% in the last 24 hours, trading at approximately $115,300, while Ethereum rose 5% and Solana gained 3%.
Looking ahead, investors are focusing on key upcoming events that may influence market sentiment. President Trump and Chinese President Xi Jinping are scheduled to meet at the Asia-Pacific Economic Cooperation (APEC) Summit in South Korea on Thursday.
Beyond geopolitics, attention turns to Wednesday’s US Federal Reserve interest rate decision and the accompanying press conference by Chairman Jerome Powell. Cooler-than-expected US inflation data released last week has boosted expectations that the Fed may implement further rate cuts, potentially including another move on 10 December 2025.
Current market odds, according to CME’s FedWatch tool, suggest a 97% probability of a 25-basis-point cut at Wednesday’s meeting and 96% for the December meeting. Simon Peters notes that any rate cuts combined with dovish commentary from Chairman Powell could further support upward momentum in crypto markets.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment