Crypto Market Nears $3 Trillion Amid US-China Tariff De-Escalation Rumors

In Brief:

Treasury Secretary Scott Bessent’s reported comments sparked a sharp market rally.

Bitcoin stayed strong while TradFi markets deflated, fueling talk of BTC decoupling.

The global crypto market surged toward the $3 trillion mark following rumors that the U.S. may ease tariffs on China. Treasury Secretary Scott Bessent allegedly suggested a near-term de-escalation in trade tensions, which triggered a swift market reaction across both crypto and traditional finance.

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Bitcoin led the rally, briefly climbing above $91,000. The Dow Jones rebounded by 1,000 points, the S&P 500 gained 500, and Nasdaq rose 3% before cooling off. In contrast, Bitcoin held steady even after the equity markets lost steam—prompting speculation that BTC may be starting to decouple from traditional asset classes.

This is the second time in a month that U.S.–China tariff headlines have triggered cross-market reactions. While Bessent’s remarks provided optimism, it’s important to note he lacks the authority to enact changes. No official confirmation has come from the White House.

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Still, the divergence in performance between crypto and stocks offers a potential signal: Bitcoin may be evolving as an independent macro asset. With the total crypto market capitalization touching $2.96 trillion, investor confidence remains elevated.

Analysts are watching closely to see whether this marks a structural shift in how Bitcoin responds to global policy developments.

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