Unfortunately, too many people react to every announcement that comes from the US president, and these people, whether someone likes it or not, shape the cryptocurrency market. Those who follow what's happening in politics can profit a lot from it (it's always been that way), only now it's got a completely new dimension - all you have to do is follow one account on the social network and make your trades in relation to what is published.

As for the trade war between China and the US, I think some kind of agreement will have to be reached sooner or later, because both countries depend very much on each other. Today I read that there has been a great concern in the US automobile industry that it will not be able to continue production because China has slowed down the delivery of some special magnets that are used for a lot of things - and now all the companies that deliver them have to ask for special permission from Beijing.

If anyone hasn't noticed, a few days ago, due to negotiations with the EU, exactly the same thing happened, so I don't see any coincidence here - this is pure market manipulation directed from the very top of US politics.