CMC News

Market Sentiment Stays Fearful After Trump-Xi Agreement

The #Crypto Fear & Greed Index remained in #Fear territory following the trade agreement between the United States and China. The widely tracked sentiment indicator posted a score of 37 on Sunday, up four points from Saturday's reading of 33.

The modest uptick followed the White House's comprehensive statement outlining the deal reached between President Donald #Trump and Chinese President #XiJinping. The administration described the agreement as a massive victory safeguarding U.S. economic strength and national security while prioritizing American workers, farmers, and families.

Trade developments between the two nations have drawn close attention from the crypto industry throughout 2025. Tariff announcements since the Trump administration began in January have consistently triggered significant market movements, making trade policy a key factor for digital asset prices.

Trump's April 9 announcement of a 90-day suspension on reciprocal tariffs caused the Fear & Greed Index to surge within 24 hours. The score climbed from an Extreme Fear reading of 18 to a Fear score of 39 the following day, demonstrating how quickly sentiment can shift on trade news.

The president's threat of 100% tariffs against China triggered a severe market downturn in October. The crash resulted in $19 billion liquidated over 24 hours on Oct. 11, with the market struggling to recover since then. Michael van de Poppe, founder of MN Trading Capital, suggested the sell-off would be viewed as a bottom day in hindsight.

Van de Poppe stated that current conditions indicate that the #bull cycle for altcoins and $BTC remains in its early stages. The White House confirmed the U.S. would maintain its suspension of heightened reciprocal tariffs on Chinese imports until Nov. 10, 2026.