Permabull Tom Lee, the guy who always sees a silver lining, says that this whole “US-China peace” thing will lift Bitcoin, Ethereum, and even US stocks. Like, sure, buddy. Because nothing says stability like a trade war rollercoaster, huh? 🎢
Bitcoin’s at $113,851 today-yeah, that’s a real number, not a typo. CoinGecko says so. And Ethereum? Oh, it’s almost at $4,100. Who knew that calm talks and trade deals would turn the crypto world into a piggy bank on steroids? 💸
Is a Trade Deal Actually Happening? Or Is It Just Wishful Thinking?
Earlier this month, the White House pulls some tariffs out of nowhere-100%, because nothing says “let’s be friends” like tariffs. Crypto lost over $19 billion in 24 hours-poof, gone, just like my patience during holiday dinner. The biggest crypto wipeout ever. Fun, right? 🙄
But then, miracles happen! High-level talks at the ASEAN summit in Malaysia start making headlines. Maybe they’re serious? Or maybe just a lot of talk to look good at parties. Who knows? 🤷♂️
The Washington Post reports that the US agreed to postpone those 100% tariffs-probably because nobody wants to see the economy go belly-up before Thanksgiving. Meanwhile, China’s saying, “Hey, we’ll delay those pesky rare earth metal curbs, but only a year.” Great. Just what we all needed-more waiting. 🎉
Everyone’s getting all excited again-maybe a trade deal’s just around the corner. Or maybe it’s just another episode of “Let’s Pretend Things Are Okay.” Your move, world.
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2025-10-26 21:09