$180 billion flows into crypto as U.S.–China tariff ‘misunderstanding’ clears up

$180 billion flows into crypto as U.S.–China tariff ‘misunderstanding’ clears up
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Global cryptocurrency markets surged on Sunday, adding $180 billion in value after the geopolitical scare between the United States and China turned out to be a misunderstanding over the next tariff policy.
As of press time, the total crypto market capitalization stood at $3.87 trillion, up from $3.69 trillion just 24 hours earlier.
Global crypto market cap chart. Source: CoinMarketCap
Cryptocurrencies leading this rebound included Bitcoin (BTC), which rose 2% to trade above $114,000, while Ethereum (ETH) gained nearly 8%, reaching $4,139. Binance Coin (BNB) led major gainers with a 12.34% jump to $1,297, while Solana (SOL) surged 6.19% to $195. XRP also moved higher by 1.32%, changing hands at $2.52.
Top cryptocurrency performance. Source: Finbold
Tariff tensions easing 
The rally came after Beijing issued a late-night clarification on its rare earth export controls, saying the new measures were not an outright ban and that export applications “meeting regulations” w

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