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Bitcoin bounced above $110K after President Donald Trump and China’s Xi Jinping agreed a one-year commerce truce, decreasing the temperature in a heated confrontation that had threatened to upend the worldwide financial system.
The deal eased fears of additional escalation within the US-China commerce warfare that rocked international markets earlier this month. Bitcoin, which plunged close to $108K earlier than the announcement, recovered on the information to commerce at $110,318.60 as of 5:35 a.m. EST, in response to information from CoinMarketCap.
BTC value (Supply: CoinMarketCap)
Beneath the pact, China will delay export controls on uncommon earths for a yr, whereas the US will scrap deliberate 100% tariffs on Chinese language items and halve a fentanyl-related responsibility. Nonetheless, the truce left many commerce disputes unresolved, tempering optimism throughout threat property.
Regardless of Bitcoin’s restoration, crypto sentiment stays cautious. The Crypto Concern & Greed Index plunged to 34, signaling “Concern,” after a 17-point drop from yesterday’s “Impartial” studying of 51.
Crypto Concern & Greed Index (Supply: Different.me)
Altcoin chief Ethereum (ETH) dived over 2%, as did XRP, whereas BNB and Solana recorded solely fractional losses. Meme coin Dogecoin (DOGE) dropped over 1%, whereas TRON (TRX) and Cardano (ADA) noticed their costs drop lower than 1% and over 1%, respectively.
Total, the broader crypto market cap tumbled greater than 2% to face at $3.73 trillion.
Traders Nonetheless Fearful As Dalio Warns Of A Bubble
Billionaire hedge fund investor Ray Dalio warned of “quite a lot of bubble stuff occurring” throughout an interview with CNBC, likening present market circumstances to the late Nineteen Nineties.
That warning got here because the Federal Reserve introduced a 25bp rate of interest reduce, bringing decrease borrowing prices that might assist inflate the bubble Dalio is worried about.
Dalio drew parallels between the present market panorama and the conditions seen in 1998-1999 and 1927-1928 earlier than market crashes hit.
Ray Dalio has a historical past of calling crises earlier than they strike.
He precisely predicted:
✅ Dotcom Bubble – 2000
✅ Nice Recession – 2008
✅ Covid Crash – 2021Now he warns: “𝙎𝙤𝙢𝙚𝙩𝙝𝙞𝙣𝙜 𝙬𝙤𝙧𝙨𝙚 𝙩𝙝𝙖𝙣 𝙖 𝙧𝙚𝙘𝙚𝙨𝙨𝙞𝙤𝙣 𝙞𝙨 𝙘𝙤𝙢𝙞𝙣𝙜!” ⚠️
Right here’s what he… pic.twitter.com/7PDmbJFzOj
— Karan Singh Arora (@thisisksa) September 3, 2025
“We actually should say that whether or not or not it’s a bubble and when that bubble’s going to burst, perhaps we don’t know precisely,” he stated, earlier than including that there’s at the moment “quite a lot of threat” out there.
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