Crypto market sentiment stays in 'Fear' following Trump's deal with China

Crypto market sentiment is still stuck in 'Fear' mode despite Trump finally cutting a trade deal with China — because apparently geopolitics isn't enough to shake crypto out of its mood swings.

The Crypto Fear & Greed Index posted a 'Fear' score of 37 on Sunday, up just 4 points from Saturday's 33. This tiny bump happened while the White House was dropping a massive statement about Trump and Xi Jinping's new trade agreement.

The White House called this deal 'a massive victory that safeguards US economic strength and national security while putting American workers, farmers, and families first' — but crypto traders are still side-eyeing the charts.

Crypto has been hypersensitive to US-China trade drama since Trump took office in January. When he suspended reciprocal tariffs on April 9, the Fear & Greed Index jumped from 'Extreme Fear' at 18 to 'Fear' at 39 in just 24 hours.

But the recent crypto crash — where $19 billion got liquidated in 24 hours on Oct. 11 — got blamed on Trump's threat of 100% tariffs against China. The market's been struggling to recover ever since.

Michael van de Poppe, founder of MN Trading Capital, dropped the take that this period will be remembered as 'bottom days in hindsight' — basically telling everyone to chill because we're still early in the bull run.

The White House confirmed the US will keep its suspension of 'heightened reciprocal tariffs on Chinese imports' until Nov. 10, 2026 — that's some serious runway for market stability.

Traders are already calling this bullish AF. Crypto trader Ash Crypto said 'This certainty is Bullish for markets,' while 0xNobler straight up called it 'GIGA BULLISH NEWS.'

But the actual price action? Still waiting for the memo. Bitcoin's at $110,354 and Ether at $3,895, up just 0.26% and 0.84% respectively over the past 24 hours according to CoinMarketCap. So the sentiment might be fearful, but the charts are basically flatlining.