According to Santiment (@santimentfeed), both the US and China have officially confirmed reaching an agreement, with further details expected later Monday. This announcement has triggered immediate positive momentum in the cryptocurrency markets, with Bitcoin climbing to $104,100 and Ethereum rebounding above $2,500. Altcoins are experiencing notable gains, reflecting strong risk-on sentiment. Stock markets are also responding with optimism, underscoring the correlation between global macroeconomic developments and crypto price action. Traders should monitor for more details on the agreement, as further clarity could drive continued volatility and trading opportunities in both Bitcoin and major altcoins. Source: Santiment, May 12, 2025.