According to The Kobeissi Letter, the US has reduced tariffs on Chinese goods from 145% to 30% for 90 days, while China has lowered tariffs on US goods from 125% to 10% for the same period. As a result, Nasdaq futures surged +3% on the day. These moves signal easing trade tensions, which historically boost global risk sentiment. For cryptocurrency traders, this development may lead to increased risk appetite and capital flows into digital assets, as traditional markets rally and liquidity improves (Source: The Kobeissi Letter, May 12, 2025).

According to Crypto Rover, the United States has reduced tariffs on Chinese goods from 145% to 30% for 90 days, while China has lowered tariffs on US goods from 125% to 10% for the same period (source: Crypto Rover, May 12, 2025). This significant reduction in trade barriers is expected to boost global liquidity and market sentiment, potentially increasing risk appetite among traders. For cryptocurrency markets, improved US-China trade relations historically correlate with higher trading volumes and price rallies in major digital assets like Bitcoin and Ethereum due to enhanced investor confidence and capital flows. Traders should closely monitor volatility and volume changes as both equity and crypto markets may experience short-term bullish momentum in response to the tariff deal (source: Crypto Rover, May 12, 2025).