Stocks rally on China deal, but BTC gets hit hard
📈 S&P 500 surges +3%
The U.S. and China struck a trade truce — tariffs slashed for 90 days starting May 14.
Wall Street loved it.
Meanwhile, crypto bears used the moment to sweep BTC down to $102K. 🤬
A painful reminder: markets front-run, then punish latecomers.
🔥 Key Headlines:
- U.S.–China sign trade de-escalation deal — tariffs reduced by 115% for 90 days
- Rumors: Truth Social will launch a token within 72 hours 😁
- Strategy (MSTR) added 13,390 BTC last week — now holds 568,840 BTC
- FTX EU clients can withdraw euro balances via Backpack EU
- Arthur Hayes: “Buy everything” — U.S.–China trade repair is a bullish trigger
- Trump to sign executive order slashing pharma prices by 30–80%
- Uniswap surpasses $3 trillion in all-time DEX volume 🫡
- Pump Fun will now pay token creators 0.05% of trading volume
- New iPhone prices to rise — Apple says it’s not tariffs, but “new features” 😒
- BitGo receives MiCA license — expands digital asset services in the EU
- American Bitcoin (Trump-linked) to go public via Gryphon Digital SPAC
🧠 Takeaways:
- TradFi cheers diplomacy — Crypto eats volatility
- Institutions keep stacking BTC while headlines distract
- Trump policy continues to tilt pro-crypto, pro-market
- DEX volume = power shift in trading infrastructure
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- Trade volatility with structure
- Position into institutional flows
- Hedge while others overreact
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