🇺🇸🇨🇳 US–China Meeting Done… But No Deal Yet! Yes — Pres
Trust _Chain
Updated at: 3 hours ago
{"content":"🇺🇸🇨🇳 US–China Meeting Done… But No Deal Yet!
Yes — President Trump met with China’s President Xi in Busan. The meeting happened, but here’s the catch: no final trade deal was signed.
What they agreed on was mostly what was already discussed before — just a “basic framework” and positive words, nothing concrete.
No signatures. No timeline. Just hopeful talk.
And markets didn’t like that. 😬
📉 Within minutes, over $150 million in crypto longs were liquidated as Bitcoin and other risk assets dropped sharply.
It turned out to be a classic “buy the rumor, sell the news” moment — everyone expected a big breakthrough, but instead got polite smiles and vague optimism.
Adding to the pressure:
– The Fed cut rates by 25bps,
– Powell sounded cautious, saying a December cut isn’t guaranteed,
– And traders were already tense going into the meeting.
The result? A quick post-meeting selloff across the board.
Trump said “progress was made,” and Xi mentioned a “great understanding,” but until a real deal is signed, markets will stay uncertain.
👉 In short:
Rate cut ✅
Talks held ✅
Confidence ❌
💸 Meanwhile, major institutional players moved too — Black Rock, Fidelity, and ARK 21 Shares clients sold a combined $398.64M worth of Bitcoin.
$ETH $ETH $BNB
#MarketPullback #FranceBTCReserveBill #AltcoinETFsLaunch #WriteToEarnUpgrade ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/30/ac39402f5ebaf6ae17daaa8a15d7a65e.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}