Crypto Stagnant Despite China Deflation, Trade Talks | JQJO

Major cryptocurrencies showed minimal growth Monday despite positive Asian stock markets fueled by US-China trade talk optimism. Bitcoin traded near $105,650, showing indecision, while XRP and Dogecoin saw losses. Blockchain network activity for Bitcoin significantly slowed. Meanwhile, China's worsening deflation, with both consumer and producer prices falling, is prompting speculation about further stimulus measures. Upcoming US CPI data will be key, as it may reflect the impact of US tariffs and influence Federal Reserve decisions.