According to The White House on Twitter, President Donald Trump reported a productive phone conversation with President Xi of China, focusing on the details of the recently agreed China-US Trade Deal (source: The White House, June 5, 2025). This development is critical for traders, as historical data shows that trade negotiations between these two economic powerhouses often trigger volatility in both traditional and crypto markets due to shifts in global risk sentiment and supply chain expectations. Traders should closely monitor Bitcoin and altcoin price action for potential swings, as improved US-China relations can impact global liquidity flows and investor appetite for digital assets.

According to Crypto Rover, the White House has announced that China is 'very eager' to engage in talks to rebalance trade relations with the United States, signaling a strong willingness to negotiate (source: Crypto Rover on Twitter, May 11, 2025). Market analysts emphasize that a successful trade agreement could create bullish momentum across financial markets, including cryptocurrencies, as improved US-China relations tend to boost risk-on assets and global liquidity. Traders should monitor these developments closely, as increased investor confidence and capital flows could drive significant price action in Bitcoin and altcoins.