In a significant development for the crypto markets, Bitcoin, Ethereum, and a variety of altcoins experienced impressive rallies on Monday. The surge followed the announcement by the United States and China regarding an agreement to temporarily cut tariffs on each other’s goods.

This positive news offers a fresh outlook for the crypto market, pushing BTC, ETH, and altcoins to new heights. Traders are keenly tracking the momentum, looking for opportunities fueled by this agreement.