According to The Kobeissi Letter, Bitcoin's price remained unchanged following the announcement of a new US-China trade deal, indicating minimal immediate impact on crypto markets. Traders are now closely watching the upcoming futures market opening in four hours for potential volatility or directional cues. The lack of movement in Bitcoin suggests that macroeconomic news, such as trade agreements, may currently have limited influence on digital asset prices (Source: @KobeissiLetter, May 11, 2025).