- US-China trade easing may support bullish momentum in crypto assets closely tied to global commerce, such as XRP, LINK, VET, and BTC.
- These four cryptocurrencies stand to benefit from increased institutional and business use cases amid improving international trade conditions.
According to recent reports, the United States and China have recently agreed to ease trade tensions by removing some export limits and tariffs. Previously, Crypto News Flash (CNF), in an analysis report, questioned whether the surge in crypto prices driven by US-China trade progress was a classic “Buy the rumor, sell the news“ scenario.
Here, in this article, we will discuss that four cryptos are worth watching as US-China trade tensions ease—XRP, LINK, VET, and BTC—stand to benefit, particularly in light of this recent agreement between the United States and China.
Bitcoin (BTC): The Market Leader
First of all, Bitcoin is always a top crypto to watch. Investors see it as a safe bet during uncertain times. With positive news from trade talks and renewed interest in Bitcoin ETFs, BTC could stay strong or even climb higher. As Barron’s recently highlighted:
Bitcoin price rose early Wednesday as hopes of a de-escalation in trade tensions between the U.S. and China lifted cryptocurrencies.
As of now, BTC is trading at $107,159.76 USD, reflecting a 1.65% increase over the past week.
Chainlink (LINK): Powering Smart Trade Deals
Secondly, As supply chains grow more digital—especially with smoother US-China trade—LINK could be used to track goods and confirm deals in real time.
As of now, LINK is trading around $14.23, reflecting a 2.27% increase over the past week. Experts believe it could grow much higher if blockchain-based trade tools become more common.
VeChain (VET): Tracking Goods from Factory to Store
Thirdly, VeChain helps businesses track products using blockchain technology. Moreover, with the better improved in trade relations, as reports suggest, more companies might adopt VeChain to follow their products from factory to customer.
As of now, VET is priced around $0.02427. While it’s only up about 0.20% today, the future looks promising if demand for product-tracking tools grows.
Ripple (XRP): Ready for Global Payments
Lastly, Ripple’s XRP could also possibly benefit the most. XRP is used for fast, low-cost money transfers across borders. As earlier this week, CNF highlighted that XRP trading volume climbed 27% due to this development.
As of now, XRP is trading around $2.23, up 0.87% in the past week, holding steady despite recent market dips. If demand for global payment tools grows, XRP could move even higher. See XRP price chart below.
