The crypto market started the new week with declining prices, despite positive signals from trade talks between the United States and China. While traditional markets anticipated a possible breakthrough, crypto investors took a wait-and-see approach.

Bitcoin dipped slightly by 0.6% to $103,900, while Ether saw a steeper drop of 2.9% to $2,507. Popular altcoins such as Solana, Dogecoin, and XRP also suffered sharp losses of up to 8%, driven in part by liquidations and outflows from crypto ETFs.

The price pressure comes at a time when U.S. officials report having made "substantial progress" in discussions with China. However, concrete details on tariffs, agreements, or timelines remain absent. This lack of clarity is causing crypto investors to stay on the sidelines for now.

At the same time, the Chinese economy is showing signs of weakness: consumer prices fell in April for the third consecutive month. This fuels expectations that China‘s central bank may introduce further stimulus measures — a development that could eventually impact the crypto market, for example through increased liquidity.

Despite the positive geopolitical tone, a sense of caution dominates the crypto market. This is not unusual: crypto often reacts more quickly to uncertainty than traditional markets. In a sector where volatility is the norm, it‘s logical that investors wait for words to turn into action before making moves.

Disclaimer: This is not financial advice. Always consider doing your own research and seek professional advice.