Trump’s trade accusation against China prompts significant declines in crypto and stock markets.
- Main event, leadership changes, market impact, financial shifts, or expert insights.
- Trump’s accusation significantly affects global markets.
- Crypto and stocks show notable declines.
President Donald Trump accused China of violating a trade agreement on May 30, 2025, leading to declines in both crypto and traditional stock markets, including Bitcoin and the Nasdaq 100.
Trump’s allegations raised market risk, triggering a sell-off in equities and cryptocurrencies, revealing investor apprehensions about U.S.-China trade relations.
Trump’s Allegation Spurs Global Market Turbulence
On May 30, 2025, President Trump accused China of breaching a trade deal, impacting financial markets. U.S. Trade Representative Jamieson Greer emphasized ongoing concerns over China’s trade non-compliance.
President Trump’s announcement, delivered via Truth Social, highlighted dissatisfaction with China’s trade actions. He underscored a previous agreement designed to stabilize China economically.
Crypto and Stocks See Major Declines Post-Accusation
Trump’s accusations led to notable decline in both crypto and equity markets. Bitcoin traded at $105,438.10, while the Nasdaq 100 fell 1.5%, reflecting risk-off sentiment.
The situation affected sentiment among investors, causing institutional outflows of $200 million from Bitcoin ETFs. On-chain metrics indicated increased market caution.
Historical U.S.-China Trade Disputes and Market Reaction
Trade disputes between the U.S. and China have previously triggered market corrections. Similar events have caused short-term dips in highly liquid assets like Bitcoin and tech stocks.
Based on historical trends, market volatility is expected to persist. Expert analysis suggests careful monitoring of trade negotiations and potential policy shifts.
“I made a FAST DEAL with China in order to save them from what I thought was going to be a very bad situation, and I didn’t want to see that happen. Because of this deal, everything quickly stabilized and China got back to business as usual… The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY!” — Donald Trump
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