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3 Altcoins to Buy If Donald Trump’s Trade Negotiations with China Fail

BBG News

In the midst of turmoil, while the tempest of economic uncertainty continues to roil the world, there arises, as though a beacon in the fog, the steady surge of the crypto market. The US-China trade war, that never-ending drama, has rendered the dollar weaker, and thus Bitcoin and altcoins have become the favored lodgings for traders seeking refuge. Indeed, amidst the unlikely chance that these two titans of commerce will settle their differences, the crypto enthusiasts are poised to reap rewards from the market’s favorable winds.

Trump’s Trade Negotiations with China May Fail – Time to Buy Altcoins?

In a moment of melancholy for those hoping for peace, the New York Times reports that China, ever so stubborn, will only deign to speak with US officials if the tariffs are lifted first. A move which, predictably, has driven traders to the loving embrace of altcoins, as if they were a shield against the relentless storm of economic instability. According to China’s Commerce Ministry:

“If the United States does not correct its wrong unilateral tariff measures, it means that the United States has no sincerity at all and will further damage the mutual trust between the two sides.”

This stark proclamation reveals a lack of any meaningful resolution, casting a heavy shadow over the US dollar. As a result, the DXY has plummeted to depths unseen in over four years. The Federal Reserve, faced with this dismal reality, may find itself in the unenviable position of trimming rates, despite the fact that 97% of investors, according to the CME FedWatchTool, predict otherwise for the May 7 FOMC meeting.

Should the Fed be driven to act, the greenback could sink further, and in its wake, a renewed fervor for assets such as gold, silver, and Bitcoin will surely take hold. Bitcoin, having surged by 14% in just two weeks, is already a testament to this. Altcoins, including Solana, Fartcoin, and SUI, are likewise climbing, offering prospects that must not be overlooked.

Altcoins to Watch Amid Tariff War

Let us cast our gaze upon the altcoins that, despite the storm, have shown themselves to be resilient and promising. Among the finest are SOL, FARTCOIN, and SUI. Let us delve deeper, with hope and a touch of skepticism, to understand why these tokens hold such promise.

Solana (SOL)

Solana stands firm, trading at $148 today with a mere 1.21% dip in the last 24 hours. The resilience it shows, even in the face of mounting economic anxiety, cannot be ignored. Its chart, a curious thing, displays the formation of a W pattern, suggesting that a brighter future lies ahead. Should Solana defend its support at $148, and surge above $150, the next obstacle will be $180. Should it conquer that, a rally to $270 might very well be within reach.

Sui (SUI)

SUI, a young contender, has been attracting considerable attention of late. Its blockchain activity has surged, with the latest data from DeFiLlama revealing a remarkable $4 billion added to its DEX volumes last month. This surge, fueled by the ongoing tariff skirmishes, has propelled its price upward by more than 45%. Should this trend continue, and more traders flock to SUI as a hedge against further tariff complications, there is every reason to believe in its continued success.

Fartcoin (FARTCOIN)

And then, we must turn our attention to the ever-volatile FARTCOIN. A meme coin, some might scoff. Yet, it has performed admirably well in recent times, and its chart shows that it too is climbing, ever so steadily, within an ascending parallel channel. A rising RSI confirms the bullish momentum, and if FARTCOIN manages to break through its resistance at $1.29, we may soon see it soar to $2.75 in a parabolic rally. The future, it seems, is rather uncertain, but FARTCOIN’s prospects appear oddly promising.

Summary of Top Altcoins to Buy

As the US-China tariff war rages on, the crypto market stands as an oasis for those seeking refuge from the fluctuating fortunes of the dollar. Gold, silver, Bitcoin, and these emerging altcoins – SOL, SUI, and FARTCOIN – are now the favored treasures of those who dare to face the storm. Amid President Trump’s uncertain negotiations with China, these altcoins are rising above the fray, delivering hope to the weary and the wary alike.

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2025-05-03 10:51

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