According to QCP (@QCPgroup), the US and China have agreed to significantly roll back tariffs, with US duties dropping from 145% to 30% and Chinese tariffs cut from 125% to 10%. This breakthrough triggered a 3% jump in US equities at the market open, signaling a resurgence of global risk appetite. Traders should note that this renewed risk-on sentiment has historically correlated with increased capital flows into cryptocurrencies, particularly Bitcoin and Ethereum, as investors seek diversification during periods of positive macroeconomic developments (Source: QCPgroup on Twitter, May 13, 2025).