US-China

How US-China Conflict Rocked Ethereum: Price Drops and Derivatives Market Cools

How US-China Conflict Rocked Ethereum: Price Drops and Derivatives Market Cools

The Ethereum derivatives market shrank by 45%, with open interest collapsing from $33 billion to $18 billion. Last Friday, trade tensions between the US and China suddenly escalated, triggering the largest cryptocurrency liquidation event in history. As a result, Ethereum, the second-largest digital asset, saw its value drop significantly, breaking important technical support levels and […]

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New US-China Trade Agreement: Implications for Crypto Investors (Details)

New US-China Trade Agreement: Implications for Crypto Investors (Details)

Following a week of anticipation and building hype, the US and China delegates finally met in Geneva, Switzerland, to discuss a potential trade deal. Although the initial statements from both countries are positive in terms of reaching a mutual understanding, the crypto market has reacted with a minor retracement, while Santiment warned investors to exercise

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