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BTC, ETH & Altcoins Surge as US-China Tariff Cuts Boost Crypto Market – What’s Next?
The crypto market roared back to life today following a major geopolitical move: the United States and China have temporarily suspended tariffs, boosting investor confidence across global markets, including Bitcoin (BTC), Ethereum (ETH), and leading altcoins like Solana (SOL) and XRP.
As of May 12, 2025, here’s what’s happening and what could be next.
📈 Market Snapshot – May 12, 2025
The crypto market saw a sharp upward movement today:
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🟠 Bitcoin (BTC): $104,434 (+0.72%)
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⚙️ Ethereum (ETH): $2,600.58 (+1.9%)
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⚡ Solana (SOL): $176.30 (+1.57%)
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🌊 XRP (XRP): $2.43 (+2.55%)
These gains came shortly after news broke that the U.S. and China will pause tariffs for 90 days, leaving the door open for further economic cooperation.
🌍 Why This Tariff News Matters to Crypto
Historically, crypto has been seen as a hedge against global instability. But more recently, digital assets have started reacting directly to economic news like interest rates and trade deals.
The temporary tariff cut:
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Eases global inflation fears
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Encourages more risk-taking in markets
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Brings positive sentiment back to crypto
📊 “This 90-day policy shift is a bullish macro signal for crypto,” analysts at CryptoNews noted.
🔮 What Could Happen Next? – Market Predictions
Based on current momentum and macro signals, here’s where things could go next:
1. Bitcoin (BTC) Target: $110,000
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BTC tested $105,500 intraday
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If volume continues to build, $110K is the next resistance
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A breakout could trigger FOMO and larger inflows
2. Ethereum (ETH) Target: $2,700 – $2,800
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ETH remains strong amid L2 scaling, staking, and DApp demand
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A break above $2,650 could open up higher zones
3. Altcoins Set for Breakouts
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Coins like Solana, XRP, and even meme tokens like Moo Deng and Pesto Penguin (each up over 100% in 24h) are gaining traction
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Retail attention + lower gas fees could fuel mini-altseason
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🛡️ Disclaimer
This blog is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are volatile, and investing involves risk. The Binance link is a referral link — I may earn a commission if you sign up, at no extra cost to you.
📢 Final Thoughts
Today’s rally shows how global news can shift crypto sentiment fast. With tariffs paused and markets rebounding, bulls are back in control — at least for now. But the situation remains fluid, and savvy investors should keep a close eye on macro headlines.
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