According to Brad Freeman (@StockMarketNerd), the upcoming US and China joint statement on their preliminary trade deal, combined with positive remarks from Bessent, signals a potential easing of global economic tensions. For traders, a formal agreement could reduce macroeconomic uncertainty, often a catalyst for increased volatility in both traditional and crypto markets. Recent trade optimism has historically triggered upward movements in Bitcoin and altcoins as risk sentiment improves (source: Brad Freeman on Twitter, May 11, 2025).