Trump Cuts Tariffs in 1-Year US-China Deal, Bitcoin Eyes Fresh Rally

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CoinGape Newsletter
October 30, 2025

In a major XRP news today, a key whale indicator turns bullish for Ripple’s native crypto asset XRP. The on-chain metric now flashes a buy signal for the first time since July.Will XRP price see a massive rally from here as multiple catalysts are turning positive?

US President Donald Trump reduced tariffs on China after a meeting with President Xi Jinping, triggering a much-needed rebound in Bitcoin and the broader crypto market. President Trump quoted his meeting with Chinese President Xi Jinping as “amazing,” as the United States and China signed a one-year trade deal on Thursday.

Solana price remains resilient above the $190 mark, showing signs of bullish momentum despite recent market volatility. The general crypto market experienced a bearish trend in the past 48 hours, which was mostly fueled by investor apprehension. This is after the Federal Reserve of the United States lowered the rates by 25 basis points. Chair Jerome Powell’s comments on persistent inflation and policy uncertainty triggered reduced risk appetite.

Pi coin price has rebounded strongly, breaking its multi-month descending structure and targeting the $0.65 level. This recovery comes as Pi Network joins the ISO 20022 framework, aligning with global assets like XRP and Stellar to enhance cross-border compatibility. These combined catalysts have reawakened investor optimism, pushing market sentiment toward a broader recovery phase. As the network expands its institutional footprint, Pi’s long-term upside potential gains renewed clarity.