{"id":113815,"date":"2025-04-18T17:07:18","date_gmt":"2025-04-18T13:07:18","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=113815"},"modified":"2025-04-18T17:07:22","modified_gmt":"2025-04-18T13:07:22","slug":"bitcoin-rises-as-hopes-for-u-s-trade-negotiations-lift-risk-appetite-altcoins-rally-2","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-rises-as-hopes-for-u-s-trade-negotiations-lift-risk-appetite-altcoins-rally-2\/04\/18\/market-updates\/","title":{"rendered":"Bitcoin Rises as Hopes for U.S. Trade Negotiations Lift Risk Appetite; Altcoins Rally"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><\/h3>\n\n\n\n<p><strong>Bitcoin climbed on Thursday<\/strong>, rebounding from Wednesday\u2019s lows as investors welcomed signs of <strong>possible trade de-escalation<\/strong> between the U.S. and major partners like Japan and China. Meanwhile, <strong>hawkish comments from Federal Reserve Chair Jerome Powell<\/strong> added a dose of caution but did little to dent the rebound in crypto markets.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Bitcoin (BTC)<\/strong> rose <strong>1.6% to $84,699.0<\/strong> by <strong>03:15 ET (07:15 GMT)<\/strong><\/li>\n\n\n\n<li>The token had dropped as low as <strong>$83,000<\/strong> on Wednesday, pressured by trade tensions and regulatory uncertainty<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Trump Hints at Progress With Japan, China on Tariff Talks<\/h3>\n\n\n\n<p>Bitcoin\u2019s rebound came as <strong>markets responded positively to developments in U.S. trade diplomacy<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>President Donald Trump<\/strong> hailed <strong>\u201cbig progress\u201d<\/strong> in talks with <strong>Japan<\/strong>, signaling the potential for a <strong>bilateral trade deal<\/strong><\/li>\n\n\n\n<li>A <strong>Bloomberg report<\/strong> noted <strong>China is open<\/strong> to renewed trade negotiations, though it demands <strong>more consistent and respectful diplomacy<\/strong> from Washington<\/li>\n<\/ul>\n\n\n\n<p>The <strong>reduced threat of a prolonged trade war<\/strong> was seen as <strong>supportive for Bitcoin<\/strong>, which often acts as a <strong>hedge against geopolitical and economic disruption<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Powell Pushes Back on Rate Cuts, Warns of Persistent Inflation<\/h3>\n\n\n\n<p>While risk sentiment improved, <strong>Federal Reserve Chair Jerome Powell<\/strong> offered a <strong>hawkish counterweight<\/strong>, emphasizing:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>No near-term plans<\/strong> for interest rate cuts<\/li>\n\n\n\n<li>A preference for a <strong>\u201cwait-and-see\u201d approach<\/strong> amid sticky inflation and trade-related price risks<\/li>\n<\/ul>\n\n\n\n<p>This stance <strong>supports the U.S. dollar<\/strong>, but also signals potential headwinds for risk assets <strong>if financial conditions remain tight<\/strong>.<\/p>\n\n\n\n<p>Still, crypto markets appeared to <strong>shrug off Powell\u2019s caution<\/strong>, focusing instead on signs of geopolitical stabilization.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Altcoins Follow Bitcoin\u2019s Lead; Solana Soars<\/h3>\n\n\n\n<p><strong>Altcoins posted broad-based gains<\/strong>, continuing their volatile outperformance relative to Bitcoin:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ethereum (ETH)<\/strong>: +2.8% to <strong>$1,608.20<\/strong><\/li>\n\n\n\n<li><strong>XRP<\/strong>: +2.4% to <strong>$2.0991<\/strong><\/li>\n\n\n\n<li><strong>Solana (SOL)<\/strong>: <strong>+8%<\/strong>, leading major gainers<\/li>\n\n\n\n<li><strong>Cardano (ADA)<\/strong>: +3.3%<\/li>\n\n\n\n<li><strong>Polygon (MATIC)<\/strong>: +1%<\/li>\n<\/ul>\n\n\n\n<p><strong>Meme coins also joined the rally<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Dogecoin (DOGE)<\/strong>: <strong>+3%<\/strong><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Outlook: Focus Shifts to Policy and Trade Developments<\/h3>\n\n\n\n<p>With <strong>trade negotiations progressing<\/strong> and <strong>monetary policy staying restrictive<\/strong>, crypto markets remain in a <strong>delicate balance<\/strong>. Key factors to watch include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Official confirmation of <strong>U.S.-Japan and U.S.-China trade progress<\/strong><\/li>\n\n\n\n<li><strong>Follow-through from Powell\u2019s comments<\/strong> at upcoming Fed events<\/li>\n\n\n\n<li><strong>Bitcoin\u2019s ability to hold above $84,000<\/strong>\u2014a key level for bullish momentum<\/li>\n<\/ul>\n\n\n\n<p>For now, the <strong>crypto market rebound appears constructive<\/strong>, especially if <strong>geopolitical tensions ease<\/strong> and macroeconomic uncertainty stabilizes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin climbed on Thursday, rebounding from Wednesday\u2019s lows as investors welcomed signs of possible trade de-escalation between the U.S. and major partners like Japan and China. Meanwhile, hawkish comments from Federal Reserve Chair Jerome Powell added a dose of caution but did little to dent the rebound in crypto markets. Bitcoin (BTC) rose 1.6% to &hellip;<\/p>\n","protected":false},"author":9,"featured_media":105265,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,39,36],"tags":[],"class_list":["post-113815","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-global-stock-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=113815"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113815\/revisions"}],"predecessor-version":[{"id":113816,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113815\/revisions\/113816"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/105265"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=113815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=113815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=113815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}