Chinese cryptocurrencies spark interest amid trade negotiations between the US and China

As American and Chinese authorities prepare for talks on tariffs and trade, Chinese cryptocurrencies are emerging as a focus for investors. This dynamic reflects not only political movements but also the strategic importance that the Chinese crypto sector maintains in the global economy, despite regulatory challenges.

Trade negotiations between the United States and China are progressing with notable differences and tensions. Reports indicate that American officials, including Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, have met with Chinese counterparts for preliminary discussions on trade agreements. Although a major deal is not expected in the short term, these meetings signal an openness to bilateral dialogue, with the potential to impact multiple sectors, including Chinese cryptocurrencies.

How Chinese cryptocurrencies are performing in the current market

The top five Chinese cryptocurrencies listed on CoinGecko have shown varied movements in recent days. Tron (TRX) is trading at $0.29, up 1.78% in 24 hours. Neo (NEO), often compared to Ethereum, is priced at $2.63, with a 0.19% increase. VeChain (VET), designed for supply chain applications, remains at $0.01 with minimal variation of 0.01%. Conflux (CFX) appears more dynamic, trading at $0.05 with a 3.00% rise. Meanwhile, OKB reaches $74.65, up 2.73%, demonstrating relative strength during the observed period.

These assets are gaining relevance not only for their technical fundamentals but also for symbolizing the persistence and creativity of the Chinese crypto ecosystem. Tron stands out for its transaction speed and low fees, while Neo represents the evolution of blockchain technology in the Chinese context. Each of these Chinese cryptocurrencies carries distinct narratives about innovation, adoption, and resilience.

The influence of trade negotiations on market sentiment

Talks between Washington and Beijing tend to create volatility in assets linked to China. In recent months, concerns over tariffs and trade restrictions have pressured traders’ sentiment. Now, with signs of willingness to dialogue, the market reacts positively. Chinese cryptocurrencies have historically reflected this sentiment, as their adoption and development heavily depend on the domestic regulatory environment.

Analysts speculate that normalization of trade relations could unlock opportunities for Chinese crypto companies to export technology and knowledge to Western markets, potentially benefiting their native tokens.

Bitcoin mining: the persistent role of Chinese infrastructure

Despite official restrictions, China maintains substantial influence in the Bitcoin mining sector. Data from April 2025 by Cambridge Digital Mining Industry reveals that China has fallen in the hashrate rankings, with the US now leading mining activity. However, a critical aspect remains: China dominates the manufacturing of mining ASIC equipment.

A October 2024 report from the University of Cambridge’s Center for Alternative Finance attributed 21% of global hash power to China, suggesting the existence of unregulated operations. Regions like Inner Mongolia, with access to low-cost renewable electricity, serve as likely hubs for these activities.

Nic Puckrin, co-founder of Coin Bureau, notes that “despite the official ban, the infrastructure is consolidated, from offshore operations to cross-border trading hubs. With increasing global momentum for crypto adoption and the US taking the lead, China may feel motivated to engage more strategically, even indirectly.”

Why Chinese cryptocurrencies deserve attention now

The convergence of political, economic, and technological factors places Chinese cryptocurrencies in a unique position. Investors are watching not only price performance but also what these movements suggest about the underground Chinese crypto economy and potential future regulatory changes.

With trade negotiations ongoing and mining and development infrastructure still firmly established, prospects for the Chinese crypto ecosystem remain open to surprises. The next quarter could be decisive in shaping the future of Chinese cryptocurrencies on the global stage.