According to The Kobeissi Letter, S&P 500 futures have gained just 19 points since the announcement of renewed trade talks between the U.S. and China (source: @KobeissiLetter, May 7, 2025). This modest increase signals cautious optimism among traders and highlights ongoing uncertainty in global equity markets. For cryptocurrency investors, the limited upside in traditional markets could support continued interest in digital assets as alternative investments, especially as macroeconomic tensions persist. Monitoring S&P 500 futures alongside major crypto pairs may reveal momentum shifts triggered by further geopolitical developments.

According to @WhiteHouse on Twitter, US Ambassador Mike Huckabee, speaking on behalf of President Donald J. Trump, expressed official support for Israel’s Independence Day. Historically, such geopolitical statements have influenced market sentiment, particularly in crypto sectors with strong ties to international relations, such as stablecoins and region-specific tokens. Traders should monitor for increased volatility in assets like Bitcoin, Ethereum, and region-linked projects, as heightened diplomatic activity can drive short-term price movements (source: @WhiteHouse, May 1, 2025).