@lokesh-klc
I do not believe that the tariffs implemented by the Trump administration were the sole cause of the flash crash on October 10th.
Instead, I attribute it to market manipulation designed to liquidate a significant portion of retail investors.
Today's US-China trade agreement is considerably more optimistic than anticipated.
China has committed to suspending all retaliatory tariffs announced since March 4th.
Furthermore, China will suspend new export controls on rare earth elements.
In return, the United States will reduce an additional 10% of its tariffs on Chinese goods.
Therefore, the market has received more favorable outcomes than expected, yet the cryptocurrency market is currently experiencing a downturn.
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