According to Crypto Rover, Bitcoin is experiencing a strong price surge following China's decision to reduce cryptocurrency import tariffs from 125% to 10% (source: Crypto Rover on Twitter, May 12, 2025). This significant policy shift is driving increased trading volumes and renewed bullish sentiment, with traders positioning for potential new all-time highs. The dramatic reduction in tariffs is expected to boost institutional and retail demand in Asia, solidifying Bitcoin’s momentum in global markets. Traders are advised to monitor order book depth and volatility as liquidity inflows from China may drive sharp price movements.