After Trump increased tensions, the same thing we experienced in the previous 2 periods of chaos is repeated. This is exactly what we are seeing, moving towards a new consensus and favorable days for the rise of cryptocurrencies. BTC price It is above $115,000, but the key $117,000 zone has not been reclaimed yet. So, expectations, what are the latest situation?
Cryptocurrency Rise
Cryptocurrencies also rose following signals that the US and China are close to a trade deal. As we stated before, Bessent was holding talks and we all knew that if the world was not going to fall into chaos, there would be a compromise. Although it is an easy winning streak for cryptocurrencies, it is not over yet.
Fed’s The new interest rate cut and the earnings reports of technology giants to be published this week support the stock markets. In general, Bitcoin is seen in the same category as optimistic cryptocurrencies in technology companies. 
$115,192.63 and it feeds others.
S&P 500 futures rose nearly 1% ahead of the US market open. What we’re seeing is no surprise after US and Chinese officials announced a series of agreements ahead of Trump’s meeting with Xi. Unless something big happens on Thursday, Trump and Xi will meet. Of course, agreements must be ready before they meet, because it is not possible for the two to negotiate and come up with terms of agreement during their limited meeting. The new expected scenario is happening.
Fed and Cryptocurrency Expectations
While gold and treasury bonds are weakening, cryptocurrencies are preparing to start November in a good environment. Economic Copper is close to the new ATH level, an important signal of growth. Moreover, Treasury Secretary Bessent said that future candidates for Fed chairmanship are Waller, Warsh, Hassett, Bowman and Rieder.
fed new interest rate reduction and Powell will leave in May. Inflation was moderate in the last report, but employment reports are in alarm territory. In other words, if there is an expectation that the Fed will make a 2+ reduction by May, the markets may continue to rise until the end of the year with expectations of faster loosening after Powell.
ETH It is above $4,100, but many altcoins have not yet moved far enough from the bottom. Although it is positive that they have started to reclaim important bullish supports, altcoins need more good news to break the resistances. The steps Russia will take for peace these days (considering the weight of additional sanctions on it) will be extra supportive for cryptocurrencies.
