Cardano (ADA) is up 0.8% to $0.6430 this week, slightly underperforming the broader crypto market as Bitcoin (BTC) adds 2.8% to $85,830. The rally follows encouraging developments on the global trade front, where U.S. President Donald Trump has reduced tariffs on Chinese electronics to 20% and pledged exemptions for car imports.
These moves signal a temporary easing in the U.S.–China trade conflict, with markets now expecting a pause in tariff escalations for the next 3–4 months. The improved sentiment is fuelling risk-on appetite across crypto markets, pushing BTC closer to its key resistance range at $91,000–93,000.
For Cardano, this broader market momentum opens the door for a potential 7–8% upside move toward $0.6900–0.7000. Despite some signs of whale selling, ADA may still benefit from the rising tide—especially if Bitcoin breaks decisively above the $93,000 level.
