U.S. Treasury Secretary Scott Bessent has announced expedited trade negotiations with over 17 strategic partners, excluding China, to strengthen economic alliances and address evolving global monetary policies. This acceleration aims to bolster supply chain stability and market confidence, with potential reverberations across cryptocurrency markets as macroeconomic policies undergo transformation.
Bitcoin currently trades near $109,166.62, holding a market capitalization above $2 trillion and commanding nearly 63% market dominance among cryptocurrencies. The asset recorded a modest 24-hour gain of 0.33% amid cautious market sentiment as participants gauge policy implications.
Historical patterns indicate U.S. trade policy shifts have catalyzed cryptocurrency volatility; however, current reactions remain measured pending further clarity on negotiated terms. The deliberate exclusion of China introduces geopolitical complexity that may impact global liquidity distribution and investor strategies within digital asset markets.