On July 24, 2025, Janet Yellen confirmed progress in U.S.-China trade negotiations, potentially impacting tariffs and creating positive market expectations.
U.S.-China Trade Progress
Trade negotiations between the U.S. and China are advancing under Janet Yellen's direction. She highlighted the importance of sustainable trade strategies and distanced from the notion of decoupling. China's Ministry protested against tariff changes that could undermine their interests. As Janet Yellen noted in an interview with CNBC: "I expect progress in U.S.-China trade negotiations in the coming weeks... Trump's 145% tariffs on China are not sustainable in the long run."
Increased Bitcoin Interest Amid Improved Trade Relations
As of July 25, 2025, Bitcoin (BTC) is trading at $118586.76 with a market cap of $2.36 trillion. Current tariff changes and Yellen's positive comments indicate an increase in investor interest, evidenced by substantial trading volumes of $69.19 billion.
Impact of Macroeconomic Factors on Digital Assets
Research indicates that during trade tensions from 2018-2020, tariff reductions led to increased risk appetite, reflected in Bitcoin's price rallies. Potential shifts in U.S. and China policy may create a more favorable regulatory environment, potentially stimulating cryptocurrency market activity.
The progress in U.S.-China trade negotiations could positively affect financial markets and increase investor interest in cryptocurrencies, particularly Bitcoin.
