According to StockMKTNewz, China's Ministry of Finance has announced a reduction of tariff rates on US goods from 34% to 10% for a 90-day period and will cancel additional tariffs imposed during two later rounds of measures (source: StockMKTNewz, May 13, 2025). This move is expected to ease US-China trade tensions, potentially boosting global risk appetite and positively influencing crypto market sentiment. Traders should watch for increased liquidity and volatility in both traditional and digital asset markets as investors may redirect capital toward higher-risk assets including leading cryptocurrencies.