A 90-day tariff agreement between the US and China is expected to boost stock and cryptocurrency markets in India. The White House announced on May 12 that both countries will reduce tariffs to 10% for an initial 90-day period starting May 14, a 24% cut from current levels. US Treasury Secretary Scott Bessent highlighted the alignment between both governments to avoid further economic decoupling. The positive negotiations and suspension of additional tariffs reduce the risk of sudden escalation, potentially benefiting altcoins and traditional stock markets. Bitcoin’s price recovery has been impressive, and with easing trade tensions, altcoins, US equities, and the US Dollar Index are poised for a rally. Nansen, a crypto intelligence platform, predicted a 70% chance for crypto and stocks to hit bottom by June. Tax relief measures could further amplify the rally, with Bitcoin close to reaching its all-time high. Analysts are optimistic about a potential Bitcoin rally to $150,000 depending on emerging technical chart patterns. The market sentiment is positive as investors look forward to potential tax relief packages and the impact of the US-China tariff agreement on the Indian market.