IOTA (IOT) is up 2.9% to $0.1881 this week, outperforming the broader crypto market where Bitcoin (BTC) is down 0.4% to $105,031. Despite renewed U.S.–China trade tensions—sparked by Donald Trump’s accusations that China violated trade agreements and his vow to tighten semiconductor export restrictions—crypto markets are stabilizing. A scheduled phone call between Trump and Chinese President Xi Jinping has helped ease concerns, prompting a partial recovery in digital assets.
IOTA saw an unexpected 11% drop below the $0.2000 support level, which appears to be a technical anomaly rather than a shift in trend. The quick rebound supports the idea that this move was temporary. If the recovery holds, the baseline scenario remains intact with upside targets at $0.3000, assuming market sentiment continues to improve.
