According to Chinese state media, US President Trump and China's leader Xi Jinping recently had a phone conversation, signaling a potential thaw in US-China relations. For traders, this development is significant as improved geopolitical relations historically reduce market volatility and can boost risk-on assets, including Bitcoin and major cryptocurrencies. Previous US-China dialogues have led to positive sentiment in crypto markets, especially regarding capital flows and regulatory outlooks (Source: Chinese State Media). Traders should monitor for further official statements, as a sustained détente could drive short-term bullish momentum in BTC and other digital assets.