Ethereum rallies 8% to reclaim $4,000, now trading at $4,111 as China-US tensions cool

tldr; Ethereum surged 8% to $4,111 after recovering from a drop to $3,861, driven by easing China-US tensions. The rebound followed China’s clarification that its rare earth export controls were not a full ban, countering fears of a trade war. President Trump’s earlier threat of 100% tariffs on Chinese goods now seems unlikely, as both nations signaled openness to negotiations. The clarification helped stabilize global markets, including crypto, which had faced significant liquidation during the initial panic.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

But there is no long term solution to US/China trade relations. America has ignored seeking its own path to Rare Earth Minerals. And our govt cant even agree on a budget, while they paint over rainbow cross walks…I cant think a better reasons to be invested into crypto, what we need to do as crypto investors is realize what we have…hold during crisis. We should be the ones coming out on top when the Global Recession strikes, so lets stop these wild swings and hold head up high.