- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Yellen Discusses Tariff Reduction, Limited China Contact – Coincu
By: bitcoin ethereum news|2025/05/07 05:30:01
0
Share
Yellen comments on tariff reductions and U.S.-China relations. $140 million in crypto liquidations noted. BTC, ETH impacted by market volatility. U.S. Treasury Secretary Janet Yellen indicated no current contact with China regarding tariffs, adding that many trading partners have extended beneficial offers. This was reported by BlockBeats News on May 6, 2025, marking significant developments in international trade relations. Her comments come amidst heightened market volatility, contributing to crypto liquidations totaling $140 million over the past 12 hours. The discussions’ implications hint at broader economic impacts and potential changes in trading dynamics. Crypto and Global Markets React to Trade Negotiation Dynamics Yellen’s remarks focused on a “significant reduction” in U.S. commodity tariffs, emphasizing the new trade dynamics. As she noted, “many trading partners have offered us very good deals.” As of now, there has been no contact with China , indicating ongoing uncertainties in U.S.-China trade discussions. source Market reactions manifested as substantial crypto liquidations, with $140 million affected in a span of 12 hours. This includes $109 million in long positions and $31.06 million in shorts, showcasing the market’s sensitivity to global economic conditions. Comments from major market figures such as Janet Yellen often trigger such volatility. Market Data and Insights Did you know? Historically, abrupt announcements about U.S.-China trade negotiations have sparked considerable volatility in both global and crypto markets, with reactions seen as far back as 2019. Bitcoin (BTC) currently trades at $94,910.56, with a market capitalization of $1.88 trillion and a 24-hour trading volume of $23.40 billion, according to CoinMarketCap. BTC has seen a 20.26% increase over 30 days, despite a 0.57% drop over the past week. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 18:49 UTC on May 6, 2025. Source: CoinMarketCap Expert analysis indicates that the CRYPTOO research team expects continued volatility as potential tariff negotiations influence financial markets. Crypto assets, with BTC at the forefront , remain sensitive to geopolitical developments, which may affect future trading strategies and asset dynamics. Source: https://coincu.com/336021-yellen-tariff-reduction-no-china-contact/
You may also like
Memories: 10 Key Contributions of the TON Core Team That Few People Knew in the Early Days
Every line of code, every tool we build, every sleepless night spent maintaining the network—these efforts have laid the foundation for TON's development today.
2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?
The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.
BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?
This article explains how BIP-360 reshapes Bitcoin's quantum defense strategy, analyzes its enhancements, and discusses why it has not yet achieved full post-quantum security.
50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?
Due to a fatal flaw in the transaction path, a $50 million DeFi operation was executed with almost zero protection, resulting in nearly the entire amount of funds evaporating in a tiny liquidity pool.
The Cryptographic Past of the Middle East
Reality is often more exciting than fiction.
Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin
When the baby boomer generation collectively sells off, who will become the "greater fool" in the next round of asset crashes?
Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech
AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.
Vitalik wrote a proposal teaching you how to secretly use AI large models
Vitalik believes that in the AI era, users should not have to give up their identity to use an AI tool.
On the eve of the explosion of on-chain options
Options are becoming a new anchor in the cryptocurrency market.
WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.
One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition
Forty years ago, a technological revolution broke the isolation of information, reshaping Wall Street. Forty years later, Grvt aims to break the isolation of capital with an on-chain prime brokerage model.
That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze
A skilled person never picks the table, they eat meat with every bite.
Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path
When the Baby Boomer generation collectively sells off, who will be the "bag holder" in the next asset crash?
Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"
「Lobster」 may not be a mature product yet, but it has already ushered in a new era of 「AI Assistants」.
Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments
Stablecoins are transitioning from a speculative tool to real financial scenarios such as payments, cross-border transfers, and store of value.
From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units
When the same unit can both measure hashing power and facilitate payments, it ceases to be just a term and begins to evolve into a new currency of both value and influence.
Why is OpenAI playing catch-up to Claude Code instead?
Anthropic Bets Earlier on AI Programming, OpenAI Strategic Tempo Misaligned
Vitalik wrote a proposal teaching you how to secretly use AI large models
Vitalik believes that in the AI era, users should not have to sacrifice their identity to use an AI tool.
Memories: 10 Key Contributions of the TON Core Team That Few People Knew in the Early Days
Every line of code, every tool we build, every sleepless night spent maintaining the network—these efforts have laid the foundation for TON's development today.
2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?
The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.
BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?
This article explains how BIP-360 reshapes Bitcoin's quantum defense strategy, analyzes its enhancements, and discusses why it has not yet achieved full post-quantum security.
50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?
Due to a fatal flaw in the transaction path, a $50 million DeFi operation was executed with almost zero protection, resulting in nearly the entire amount of funds evaporating in a tiny liquidity pool.
The Cryptographic Past of the Middle East
Reality is often more exciting than fiction.
Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin
When the baby boomer generation collectively sells off, who will become the "greater fool" in the next round of asset crashes?
App