According to Crypto Rover, this weekend saw former President Trump announce a significant trade deal with China, broker an in-person meeting between Ukraine and Russia, help prevent a potential war between India and Pakistan, announce measures to end big pharma profiteering, and secure the release of the final American hostage. These geopolitical developments, especially the China trade deal, are expected to reduce global market uncertainty and may trigger increased risk appetite among crypto traders. Improved US-China relations historically correlate with positive sentiment in Bitcoin and altcoin markets due to reduced trade tensions and greater capital flow, as cited by Crypto Rover on May 12, 2025.