The crypto market is posting major green candles today, and it’s no coincidence. News just broke that the United States and China have finalized a comprehensive trade agreement, officially ending the long-standing trade war that rattled global markets for years. As traditional finance cheers the geopolitical breakthrough, crypto markets are reacting just as strongly—if not more—with Bitcoin, Ethereum, and altcoins all posting double-digit gains. But is the trade deal the reason behind today’s rally?

US–China Peace Deal: The Core Catalyst?

After over six years of tariffs, tech bans, and financial uncertainty, Washington and Beijing finally inked a deal covering tariffs, semiconductor supply chains, and digital trade. The agreement restores trade flows and improves cross-border cooperation, including in the blockchain and financial tech sectors. The announcement sent global stock markets surging, but the crypto market exploded.

Analysts suggest that with a reduction in global risk and clearer economic outlooks, institutional investors are reallocating capital into risk-on assets, including crypto. The trade deal has created a “relief rally” environment that Bitcoin thrives in.

Bitcoin Nears $110K: Next Stop ATH?

Bitcoin ($BTC) is currently trading around $109,400, rising nearly 3% in the past 24 hours. After consolidating under $108K for most of the past week, the breakout comes as traders price in renewed optimism and macro clarity. With the next resistance near the $111K–$112K zone (its previous all-time high), bulls are eyeing a clean breakout.

📊 Key Chart Levels:

• Support: $106.7K (38.2% Fib retracement)
• Resistance: $111.8K (ATH)
• Next target: $115K if momentum holds

Ethereum Leads the Charge with ETF Buzz

Ethereum ($ETH) is outperforming $BTC today, jumping over 14% in 24 hours to reach above $2,700. Speculation around the SEC greenlighting a spot Ethereum ETF this month is heating up. Combined with the improved macro sentiment and strong staking data, $ETH is attracting renewed interest from institutional and retail traders alike.

Altcoins Catch Fire: $SOL, $AVAX, and $XRP Rally

Several altcoins are outperforming today, especially those tied to potential ETF narratives or institutional utility:

1. Solana ($SOL): up 9% – testing $162 resistance
2. Avalanche ($AVAX): up 12% – bullish reversal confirmed
3. XRP ($XRP): up 6% – fueled by ETF chatter and tokenization news

Even meme coins like $DOGE and $PEPE saw 5–10% gains amid the market-wide euphoria.

Institutional Sentiment Turns Risk-On

According to data from CoinShares and Fidelity Digital, crypto funds recorded nearly $7 billion in inflows over the last 30 days, reaching an all-time high of $167B AUM. The end of the trade war gives hedge funds and family offices more clarity on macro conditions—freeing them to rotate back into risk assets like Bitcoin and Ethereum.

Moreover, major banks like Société Générale are launching dollar-pegged stablecoins in Q3, while Coinbase reports surging demand for stablecoin-based remittances in Asia.

Outlook: Can This Rally Sustain?

Today’s price spike isn’t just a flash pump—it’s tied to a major geopolitical shift that affects the global economy. If the peace holds, and if CPI data tomorrow confirms cooling inflation in the US, crypto could enter a new bullish phase.

But traders should watch for potential fakeouts, especially with Bitcoin flirting with resistance near its ATH. If bulls can reclaim $112K, we could see a surge toward $115K and beyond.

$BTC, $ETH, $SOL, $AVAX, $XRP, $DOGE, $PEPE