Chinese President Xi Jinping stated that China has the strength to overcome any risks or challenges and expressed his readiness to work with President Trump.
The U.S. Federal Reserve (Fed) cut its policy rate by 25 basis points, bringing it down to a range of 3.75%–4.00%.
Trump announced after his meeting with President Xi that the U.S. will reduce tariffs on China.
At the time of writing, Bitcoin (BTC) is trading at $110,429, while Ethereum (ETH) stands at $3,905.
The Fear and Greed Index is at 34, indicating fear.
Key developments to watch today:
Cronos (CRO): The EVM 1.5.0 “Smarturn” upgrade will go live.
Zora (ZORA): Unlock of 166.67 million tokens will take place.
