🆘 US-China reach trade deal but Bitcoin remains sluggish!

[{"type":"bulleted-list","children":[{"type":"list-item","children":[{"text":"The United States and China have taken a major step toward easing trade tensions, agreeing to temporarily suspend some tariffs that have rocked global markets this year."}]},{"type":"list-item","children":[{"text":"However, despite the diplomatic breakthrough, "},{"type":"link","url":"https://vn.beincrypto.com/learn/bitcoin-btc-la-gi/","children":[{"text":"Bitcoin"}]},{"text":" prices have yet to reflect the optimism expected from the deal."}]}]},{"type":"paragraph","children":[{"text":""}]},{"type":"heading-two","children":[{"text":"US-China reach historic agreement"}]},{"type":"bulleted-list","children":[{"type":"list-item","children":[{"text":"The White House announced on November 1 that "},{"type":"link","url":"https://vn.beincrypto.com/trump-gives-xi-summit-12-out-of-10-but-bitcoin-price-drops/","children":[{"text":"President Donald Trump"}]},{"text":" and Chinese President Xi Jinping had reached a trade and economic agreement. The agreement was finalized during meetings held in South Korea."}]},{"type":"list-item","children":[{"text":"Under the deal, China will suspend new export controls on rare earths and issue general licenses for shipments. Beijing also pledged to limit fentanyl exports to the United States and suspend all retaliatory tariffs imposed on March 4."}]}]},{"type":"paragraph","children":[{"text":"In return, Washington will reduce 10% tariffs on Chinese goods and extend existing tariff exemptions until November 2026."}]},{"type":"block-quote","children":[{"type":"paragraph","children":[{"text":"“[This is] a major victory that protects America's economic strength and national security, while putting American workers, farmers, and families first,” the White House "},{"type":"link","url":"https://www.whitehouse.gov/fact-sheets/2025/11/fact-sheet-president-donald-j-trump-strikes-deal-on-economic-and-trade-relations-with-china/","children":[{"text":"said"}]},{"text":" ."}]}]},{"type":"bulleted-list","children":[{"type":"list-item","children":[{"text":"The Kobeissi Letter, a macroeconomic research firm, "},{"type":"link","url":"https://x.com/KobeissiLetter/status/1984800125097476312","children":[{"text":"said"}]},{"text":" this was the most significant thaw in "},{"type":"link","url":"https://vn.beincrypto.com/us-china-trade-truce-spurs-bitcoin-key-week-of-events-looms/","children":[{"text":"US-China trade relations in years"}]},{"text":" , with the potential to ease global supply chain tensions."}]}]},{"type":"paragraph","children":[{"text":""}]},{"type":"heading-two","children":[{"text":"Bitcoin Ignores Diplomatic Optimism"}]},{"type":"bulleted-list","children":[{"type":"list-item","children":[{"text":"However, financial markets were not very excited about this news."}]},{"type":"list-item","children":[{"text":"Bitcoin, which often responds to geopolitical and macro signals, is up less than 1% in the past 24 hours. At the time of writing, it is trading at $110,785."}]},{"type":"list-item","children":[{"text":"Indeed, this subdued reaction contrasts sharply with "},{"type":"link","url":"https://vn.beincrypto.com/us-china-tariff-fears-hit-bitcoin-treasury-stocks/","children":[{"text":"the volatility seen in October"}]},{"text":" , when Trump’s announcement of new retaliatory tariffs sparked a $20 billion wave of liquidations across the cryptocurrency market."}]},{"type":"list-item","children":[{"text":"Meanwhile, industry analysts say the lackluster price reaction this time around reflects deeper structural changes in Bitcoin ownership, rather than the market being less sensitive to macro factors."}]},{"type":"list-item","children":[{"text":"James Check, an on-chain analyst on Bitcoin, noticed that long-time holder are selling coins at a faster rate than in previous cycles."}]},{"type":"list-item","children":[{"text":"He said Bitcoin selling pressure remains strong, with the Medium age of coins sold now around 100 days, up sharply from the previous period's Medium of 30 days."}]}]},{"type":"paragraph","children":[{"text":"According to him, this shift shows a transition period: long-term holder are selling their positions to new market entrants, patient and with large Capital potential."}]},{"type":"block-quote","children":[{"type":"paragraph","children":[{"text":"“We are seeing a shift in power from the OGs who rode the first waves of risk, to the TradFi buyers who prefer calmer waters,” Check "},{"type":"link","url":"https://x.com/_Checkmatey_/status/1984724245289845225","children":[{"text":"explains"}]},{"text":" ."}]}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":"Despite the short-term price weakness, experts say Bitcoin’s long-term fundamentals remain solid. They see the current rotation as a natural progression in the asset’s maturation process — where seasoned traders leave the game and traditional finance begins to Vai over."}]},{"type":"paragraph","children":[{"text":"\n"},{"type":"topic","character":"Bitcoin","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Jucom","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"cryptocurrency","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"blockchain","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"finance","children":[{"text":""}]},{"text":" "}]}]