Crypto Prices Soar As Trump Is ‘Very Confident’ On China, EU Trade Deals

In a surprising twist in the ongoing global trade war, US President Donald Trump revealed that he is “very confident” about a trade deal with the European Union, adding that he will soon have a “good deal” with China as well. 

Trump’s comments have provided much-needed respite to US equities and the crypto market. The S&P 500 and NASDAQ are up 0.85% and 0.45%, respectively, while the Bitcoin price has jumped by 2% to reclaim the $85,000 price level.

Among the altcoins, AI crypto assets such as Render (RNDR) and Artificial Superintelligence Alliance (FET) are already up double digits. Solana meme coins such as Dogwifhat (WIF) and Just A Chill Guy (CHILLGUY) are also pumping. 

Trump Signals Confidence in China, EU Trade Deals — Is the Global Trade War Finally Nearing Its End?

The global trade war may well be in its final stages, provided that President Trump doesn’t have another change of heart. 

Ahead of the Italian Prime Minister Giorgia Meloni’s visit to the White House, Trump took to Truth Social, revealing “productive” discussions with Japanese trade representatives and the Mexican President, Claudia Sheinbaum. Crucially, he claimed that every nation, including China, wants to meet with him. 

Later, while addressing a joint press conference with PM Meloni, Trump revealed that he is “very confident” of a trade deal with the European Union. 

Much to the delight of bullish investors, he even disclosed that the US will soon have a “good deal” with China. 

While investors are still cautious about another about-face from the President, his soft stance isn’t altogether a surprise. The recent political polls have suggested that Trump’s approval rating is deeply underwater on the economy. A majority of Americans now blame him, instead of Biden, for the economic hardships. 

Imminent trade deals with China and the European Union, therefore, wouldn’t be the most surprising outcome, which is an undoubtedly bullish scenario for the financial markets. 

Crypto Prices Pump — Which Are The Best Cryptos To Buy Now?

The Bitcoin price is back above $85,000 on Trump’s positive comments today. Underexposure to BTC could prove to be a costly mistake for investors, with most prominent analysts expecting the largest cryptocurrency to reach anywhere between $150,000 and $200,000 in 2025. 

Among the altcoins, it is imperative for investors to include high-upside projects from every in-demand sector. 

For instance, Render (RNDR) and Artificial Superintelligence Alliance (FET) are up double digits today, indicating high relative strength, which makes them two of the best cryptos to buy now. 

Their rally also indicates a strong demand for AI coins. A new Ethereum-based AI agent crypto, MIND of Pepe (MIND), has also caught the attention of smart money investors. 

Behind strong whale demand, the MIND presale has surged past the $9 million mark in its presale. 

MIND of Pepe is a self-sovereign AI agent — an LLM-powered crypto engine. It is designed to deliver market alpha to MIND holders, including whale accumulation trends, sentiment shift, technical chart patterns, etc. 

It can start its trends on social media as well as launch its own meme coins. Owing to its unique concept and small market cap, experts are calling it the next 100x meme coin. 

Strong rallies in Dogwifhat and Just A Chill Guy today have also confirmed a strong demand for Solana meme coins, as also indicated by Fartcoin and Popcat. 

A new Solana meme coin, Solaxy (SOLX), has also piqued the interest of whales, who continue to pour in six-figure investments in it. 

The SOLX presale recently surged past the $30 million milestone. 

Solaxy is the first prominent Solana Layer-2 coin, which explains its strong demand. Most top Ethereum and Bitcoin Layer-2s have multibillion-dollar valuations, which is why experts are calling it one of the best cryptos to buy now.