According to Michael Burry Stock Tracker (@burrytracker), the United States and China have agreed to a 90-day tariff truce, reducing US duties on Chinese imports from 145% to 30% and Chinese duties on US goods from 125% to 10%. This development triggered a sharp rise in Dow futures (+2%) and Nasdaq futures (+4%) as reported on May 12, 2025. For crypto traders, this temporary easing of the trade war could boost risk appetite across global markets, potentially increasing inflows into Bitcoin and leading altcoins as traditional investors seek diversified exposure amid improved macro sentiment (source: @burrytracker, May 12, 2025).