Crypto market holds in fear despite Trump announcing China trade deal

TLDR

• The Crypto Fear & Greed Index rose to 37 from 33 despite a trade deal.
• Bitcoin trades at $110,354 with just a 0.26% daily increase.
• $19 billion was liquidated in the crypto market on October 11.
• Tariff hikes are paused until November 10, 2026, per the US-China deal.

Despite a new trade deal between the United States and China, crypto market sentiment has remained cautious. A popular sentiment gauge still places investors in the “Fear” zone, suggesting many remain uncertain about the market’s short-term direction. This comes after U.S. President Donald Trump announced an agreement with Chinese President Xi Jinping earlier this week.

Sentiment Gauge Shows Weak Recovery

The Crypto Fear & Greed Index, which reflects market emotion using various data points, rose slightly but stayed in the “Fear” range. The index moved from 33 on Saturday to 37 on Sunday. This small shift shows limited change in investor confidence, even after news of the trade agreement.

The agreement, confirmed in a detailed statement from the White House, paused further tariff hikes until November 2026. The White House described the deal as a “massive victory” aimed at protecting national security and supporting American industries. Despite this, the crypto market showed only minor gains following the news.

Bitcoin traded at $110,354 on Sunday, up just 0.26% in the past 24 hours, while Ethereum rose 0.84% to $3,895, according to CoinMarketCap. These numbers suggest a cautious response from investors.

Trade Developments Continue to Influence Crypto Trends

Relations between the U.S. and China have long influenced global markets, including cryptocurrency. Since early 2025, several tariff announcements have caused sharp moves in Bitcoin and altcoin prices.

When President Trump paused tariffs for 90 days on April 9, the market responded quickly. The Fear & Greed Index jumped from a score of 18 to 39 in just one day. However, recent tensions led to a sharp downturn. On October 11, Trump threatened 100% tariffs, which coincided with $19 billion in crypto liquidations over 24 hours.

That sell-off placed major cryptocurrencies into a correction. Prices have not fully recovered, and the market continues to trade in a narrow range. The Fear & Greed Index has remained mostly below 40 since mid-October.

Market Outlook Remains Mixed Despite Political Progress

While the trade deal has added some stability to international relations, its effect on crypto remains muted. Many investors seem to be waiting for more proof of recovery before increasing exposure.

The White House confirmed that tariff increases would stay on hold until November 10, 2026. However, market behavior suggests traders want more than just political updates before shifting sentiment.

As of now, the crypto market continues to move cautiously, with overall sentiment still stuck in the “Fear” zone. Price activity remains limited, and trading volumes have not picked up sharply since the announcement.

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