US-China Trade Talks Begin Today — Will Bitcoin and Ethereum React?

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US-China Trade Talks Begin Today — Will Bitcoin and Ethereum React？

The post US-China Trade Talks Begin Today — Will Bitcoin and Ethereum React？ appeared first on Coinpedia Fintech News

As US and China officials prepare for trade talks in London this Monday, crypto investors are curious about what this could mean for the crypto market. Will an agreement boost confidence in cryptocurrencies like Bitcoin and Ethereum？ Or could new tensions make prices swing wildly？

Lets see what could happen？

US-China Trade Talk Set For Today

Recently, U.S. President Donald Trump announced on Truth Social that US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer will meet Chinese officials in London on Monday, June 9, 2025.

Meanwhile, China confirmed that Vice Premier He Lifeng will join these discussions.

However, this meeting comes after Trump had a “very good talk” with Chinas President Xi Jinping last week, the first time they spoke since the trade war began in February.

US-China Trade Battle

The trade war between the US and China started earlier this year when President Trump raised taxes on products from China by 125%.

China fought back with higher taxes on US products, and tensions between the two countries kept growing. At one point, trade tariffs climbed as high as 145%, creating massive uncertainty for businesses and financial markets worldwide.

Perhaps, in May, a temporary truce was reached in Switzerland, with the US reducing tariffs on Chinese goods to 30% and China slashing its tariffs to 10%.

Trades Impact On Crypto Market

While all eyes are on these talks, crypto experts have a special reason to watch. In past trade disputes, Bitcoin and other cryptocurrencies have acted as a haven when markets felt shaky.

If Mondays talks go well and the US and China agree to ease trade tensions, it could calm investors and lead to more stable crypto prices.

But if talks collapse or tariffs rise again, Bitcoin and altcoins might see a surge as people look for assets that arent tied to governments or global politics.

Sentiment Shifting Towards Crypto

On top of that, data from Santiment shows that more people are buying crypto than ever. There are now 148.38 million Ethereum owners and a record 55.39 million Bitcoin holders, and 7.79 million Dogecoin holders.

As crypto markets attempt to rally at the end of the work week, crypto networks continue to grow over time. Here are the total amount of holders for select top caps:

Ethereum $ETH: 148.38M Holders

Bitcoin $BTC: 55.39M Holders

Dogecoin $DOGE: 7.97M Holders

— Santiment (@santimentfeed) June 6, 2025

Many experts see this as a sign that investors are looking for new ways to grow their money as trade tensions and political fights continue.