Derived from AiCoin, the cryptocurrency market saw a modest rebound on Sunday after easing trade war rhetoric from Beijing and Washington. The recovery began late Saturday when China's Ministry of Commerce clarified that its rare earth export controls are not a full ban, with licenses still being issued for qualified applications. The agency also stated the impact on global production and supply chains would be 'negligible.' Meanwhile, U.S. Vice President Vance said on Sunday that President Trump values his friendship with Chinese Premier Xi Jinping and is willing to be a reasonable negotiator with China. The news triggered a crypto rebound, with Bitcoin (BTC) rising to just below $114,000, up about 2% in the past 24 hours. Altcoins, which were hit harder, saw more significant gains, with Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE) rising between 5% and 7%. However, the rebound only recouped a small portion of the losses since Trump's trade war threats on Friday. Over the past week, Bitcoin fell 7.5%, Ethereum 10%, XRP and SOL 16%, and DOGE 19%.
Chinese Green Shoots Spark Crypto Rally Amid Trade War Easing
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