The Web3 world has plenty of opinions on the impact of the trade deal between China and the United States. See what Web3 executives have to say.
The global cloud industry needs more
“A temporary trade deal between the US and China is not enough to bring the clarity and certainty needed by the global cloud industry, which is highly reliant on Chinese hardware like semiconductors and GPU chips to operate.
“While some concessions were made to the tech sector in April, there continues to be huge uncertainty here for providers, many of whom, including Microsoft and Amazon, have halted some significant spending on data centers for cloud computing amid this trade war.
“The US and China, at least under the current administration, are unlikely to ever see eye-to-eye on trade tariffs, and so this uncertainty is going to linger, with long-term implications for the global cloud. As such, this current situation represents a timely opportunity for an industry shift.
“Political uncertainty aside, governments and industry must address the inefficiencies of an obsolete centralized framework that continues to present significant risks, huge costs, and stall innovation and progress – all while not meeting the huge, rising demand for cloud services thanks to the proliferation of AI.
“Decentralized networks resist almost all of the risks associated with centralized providers, including outages and hacks caused by single points of failure, along with much lower costs. And – perhaps most importantly – decentralized networks resist political and corporate wrangling.”
– Kai Wawrzinek, co-founder of Impossible Cloud Network
The thaw could drive all-time crypto highs
“The US/China trade tariff hiatus signals a shift toward improved macro sentiment that will float all boats – especially crypto. It’s a meaningful step that suggests easing geopolitical tensions, and digital asset markets are responding accordingly.
“With BTC approaching $105k, we already see speculation that this could push Bitcoin to a new all-time high, with some suggesting $150k may be a possibility in the near future.
“Over the weekend, we also saw a huge rally in the altcoin sector, with ETH surging more than 30% in a much-needed recovery. This momentum, in tandem with Bitcoin’s rally, is a strong signal for the altcoin market and could spark a broader resurgence across Web3.
“Importantly, this is also a reminder that crypto doesn’t exist in a vacuum – macro conditions still play a powerful role in shaping sentiment and opportunity, whether we all like it or not.”
– Charles Wayn, co-founder of Web3 growth platform Galxe
“The crypto market is rising due to improved sentiment across global financial markets, primarily driven by successful negotiations between the U.S. and China. Bitcoin, in particular, is gaining momentum and is approaching a potential new all-time high. If optimism in equity markets persists, BTC will likely challenge and potentially surpass its previous highs in the coming days.
“Ethereum appears even more compelling, with significant upside potential. The recent Pectra upgrade was implemented smoothly, accelerating growth momentum, especially given that the ETH/BTC ratio had recently been at multi-year lows, creating room for a relative rebound in ETH performance.”
– Ruslan Lienkha, chief of markets, YouHodler
“The cryptocurrency market continues to show fairly confident price dynamics. BTC is trading near historical highs. At the same time, ETH is stronger than BTC for the first time in quite a long time.
“It’s moving in correlation with the dynamics of the global M2 monetary aggregate. In the spring of 2025, there was a divergence between the BTC price and the M2 aggregate. M2 continued its growth, while BTC declined in price. Now, the growth of the BTC exchange rate has completely recouped this divergence and returned to those prices that correspond to its price, while continuing the correlation between the growth of the M2 monetary aggregate and the BTC price rate. Thus, BTC is fairly valued by the market right now.
“Since the price lows in the spring, ETH has grown by more than 70%. This is a crucial indicator, as the ETH/BTC ratio has been showing a long downward movement for a very long time.
“It is difficult to say whether the movement of ETH/BTC is a new leading signal for the entire cryptocurrency market. Or it’s just an upward correction so far. However, the first step has already been taken. This is a stronger growth of ETH than BTC. ETH is the unofficial leader of the second-tier coins.
“Suppose the price stays at these price levels for a while. In that case, it will give an additional boost to the rest of the less popular and illiquid coins on the market, which may later also trigger the long-awaited season of coins of three to 10 echelons, which everyone has been waiting for for so long.
“So far, optimism will continue on cryptocurrency platforms shortly. First, before the expiration of quarterly and semi-annual futures contracts on American stock indices, which will be in June 2025. So far, American stock markets are struggling to close this quarter in the green zone. This also has a positive effect on the dynamics of the cryptocurrency market as a whole.”
– Sergei Gorev, head of risk, YouHodler