China’s commerce minister, Wang Wentao, has called on the United States to engage in “equal-footing” dialogue as both sides navigate tense negotiations over the newly announced Trump tariffs.
Speaking at a press briefing, Wang emphasized the need for mutual cooperation, urging Washington to help create “stable expectations and conditions” for businesses in both nations.
His comments come amid escalating friction after U.S. President Donald Trump announced 100% tariffs on Chinese goods, set to take effect on November 11. After Trump introduced new tariffs on China, Bitcoin briefly surged as investors sought alternatives amid rising market uncertainty.
Wang accused the U.S. of fueling recent volatility in China–U.S. economic relations. Analysts say that Trump’s trade policies could indirectly boost Bitcoin adoption, as global traders look for assets beyond traditional currencies.
At the same time, U.S. Treasury Secretary Scott Bessent countered by alleging that China’s export controls were designed to destabilize the global economy.
When asked whether a prolonged economic war was possible, Trump replied that the U.S. was “already in one now.”
Bitcoin and Crypto Market Extends Decline Amid U.S.–China Tensions
The rising uncertainty has spilled into the crypto market, triggering widespread selloffs across major assets. The total crypto market cap has dropped by over 2%, sliding to $3.63 trillion.
- Bitcoin (BTC) fell below $108,000, down from an earlier high near $111,000.
- Ethereum (ETH), Solana (SOL), XRP, and Dogecoin (DOGE) also saw sharp pullbacks over the past 24 hours.
Last week, Bitcoin plunged to $102,000 shortly after the tariff announcement but later rebounded to $116,000 before today’s renewed decline.
Adding fuel to the anxiety, the “Trump Insider Whale” — known for profiting over $200 million from shorting Bitcoin and Ethereum ahead of the tariff news — has opened new short positions, suggesting another major downturn could be imminent.
Market participants now await Trump’s upcoming announcement, as the Trump–Bitcoin dynamic fuels speculation over whether it will ease the U.S.–China tensions or trigger another wave of volatility.
As Bitcoin Cools Off, This Underrated Coin Is Quietly Surging — $100 Bets Could Turn Into $10,000
While the broader crypto market struggles, one emerging token is defying the red candles: Minotaurus (MTAUR). The blockchain gaming project inspired by Greek mythology has quietly surged over 3x in recent months — jumping from 0.00004 USDT to 0.00012465 USDT.
Unlike most coins that mirror Bitcoin’s volatility, MTAUR has shown remarkable stability, maintaining steady growth even as the market corrects.
At the current price, a 100 USDT purchase nets roughly 802,000 MTAUR tokens. If the token were to cancel just two zeros and reach 0.0124 USDT, that same acquisition could theoretically grow to around 10,000 USDT.
What’s fueling this momentum?
- There is active demand from players within its Web3 gaming ecosystem.
- Audited smart contracts by SolidProof and Coinsult, ensuring security and transparency.
- A focus on playable utility, not speculation — where MTAUR serves as currency for in-game purchases, character upgrades, and access to premium content.
Conclusion
As stakeholders search for assets resilient to macro turbulence, Minotaurus (MTAUR) is emerging as a standout hedge — one that’s quietly thriving while Bitcoin battles the weight of global economic wars.As U.S.–China tensions shake global markets, smart money is diversifying beyond the usual giants. For many, MTAUR represents the calm amid chaos. Consider adding it to your portfolio and be part of the next wave in blockchain gaming innovation.
Attention! The information presented in this article does not constitute investment advice. Before purchasing any cryptocurrency, always conduct thorough research and make sure you are well informed about the specific asset! Before making an investment decision, it is recommended to consult with a professional. Fintech.hu is not responsible for decisions made based on this information.
(This article was provided by a third party.)
(Cover photo: AI generated)
