According to StockMKTNewz on Twitter, President Trump reported a 'very good phone call' with China's President Xi Jinping, lasting approximately 1.5 hours and ending with a 'very positive conclusion for both countries.' Trump stated that their teams will meet soon for further discussions (source: StockMKTNewz, June 5, 2025). For crypto traders, optimism around U.S.-China relations often leads to increased risk appetite and can trigger upward momentum in Bitcoin and altcoins, as improved trade relations may ease global economic uncertainty and boost capital flows into digital assets.

According to Crypto Rover, China's Finance Minister announced a 90-day pause on the 24% tariff for US goods, which is expected to provide short-term bullish momentum across global markets, including cryptocurrencies. This move may ease trade tensions and improve investor sentiment, potentially leading to increased capital inflows to risk assets such as Bitcoin and Ethereum. Traders should monitor market volatility and be alert for potential surges in trading volumes as global risk appetite improves (source: Crypto Rover via Twitter, May 13, 2025).