The post Bitcoin Price Ignores Historic US-China Trade Deal, But Why? appeared on BitcoinEthereumNews.com. The United States and China have taken a major step toward easing trade tensions, agreeing to suspend several tariffs that have rattled global markets this year. Yet, despite the diplomatic breakthrough, Bitcoin’s price has not mirrored the optimism expected from such a deal. Sponsored Sponsored US-China Reach Historic Agreement On November 1, the White House announced that President Donald Trump and Chinese President Xi Jinping had reached a trade and economic agreement. The deal was finalized during meetings held in the Republic of Korea. Under the deal, China will suspend new export controls on rare earth elements and grant general licenses for their shipment. Beijing also pledged to curb fentanyl exports to the United States and pause all retaliatory tariffs imposed since March 4. In return, Washington will reduce tariffs on Chinese goods by 10% and extend existing tariff exemptions through November 2026. “[This is] a massive victory that safeguards US economic strength and national security while putting American workers, farmers, and families first,” The White House stated. The Kobeissi Letter, a macroeconomic research firm, described the accord as the most substantial thaw in US–China trade relations in years, noting its potential to ease global supply-chain strain. Bitcoin Shrugs Off Diplomatic Optimism Yet financial markets are showing little enthusiasm to the news. Sponsored Sponsored Bitcoin, which often reacts to geopolitical and macroeconomic signals, recorded a modest gain of less than 1% in the past 24 hours. It was trading at $110,785 at press time. Indeed, the muted response contrasts sharply with the volatility recorded in October. At the time, Trump’s announcement of new retaliatory tariffs sparked a $20 billion liquidation wave across crypto markets. Meanwhile, industry analysts say the muted price response this time reflects deeper structural shifts in Bitcoin ownership rather than a loss of macro sensitivity. James Check,… The post Bitcoin Price Ignores Historic US-China Trade Deal, But Why? appeared on BitcoinEthereumNews.com. The United States and China have taken a major step toward easing trade tensions, agreeing to suspend several tariffs that have rattled global markets this year. Yet, despite the diplomatic breakthrough, Bitcoin’s price has not mirrored the optimism expected from such a deal. Sponsored Sponsored US-China Reach Historic Agreement On November 1, the White House announced that President Donald Trump and Chinese President Xi Jinping had reached a trade and economic agreement. The deal was finalized during meetings held in the Republic of Korea. Under the deal, China will suspend new export controls on rare earth elements and grant general licenses for their shipment. Beijing also pledged to curb fentanyl exports to the United States and pause all retaliatory tariffs imposed since March 4. In return, Washington will reduce tariffs on Chinese goods by 10% and extend existing tariff exemptions through November 2026. “[This is] a massive victory that safeguards US economic strength and national security while putting American workers, farmers, and families first,” The White House stated. The Kobeissi Letter, a macroeconomic research firm, described the accord as the most substantial thaw in US–China trade relations in years, noting its potential to ease global supply-chain strain. Bitcoin Shrugs Off Diplomatic Optimism Yet financial markets are showing little enthusiasm to the news. Sponsored Sponsored Bitcoin, which often reacts to geopolitical and macroeconomic signals, recorded a modest gain of less than 1% in the past 24 hours. It was trading at $110,785 at press time. Indeed, the muted response contrasts sharply with the volatility recorded in October. At the time, Trump’s announcement of new retaliatory tariffs sparked a $20 billion liquidation wave across crypto markets. Meanwhile, industry analysts say the muted price response this time reflects deeper structural shifts in Bitcoin ownership rather than a loss of macro sensitivity. James Check,…