According to Crypto Rover, the Swiss President has confirmed that the US and China are conducting trade talks in Switzerland, a development widely viewed as bullish for global markets. Improved US-China relations have historically led to increased risk appetite among investors, often resulting in capital inflows to cryptocurrencies such as Bitcoin and Ethereum. This diplomatic engagement could reduce macroeconomic uncertainty and enhance liquidity, factors that typically drive crypto market rallies (source: Crypto Rover on Twitter, May 9, 2025). Traders should monitor related headlines and consider the impact on crypto volatility and trading volumes in the near term.

According to Stock Talk (@stocktalkweekly), President Trump indicated that U.S.-China tariffs could be lowered if upcoming talks in Switzerland are successful, noting that current tariffs are capped at 145% and suggesting a downward adjustment is possible (Source: Stock Talk, May 8, 2025). For cryptocurrency traders, easing trade tensions may boost global market sentiment, increase risk appetite, and potentially drive inflows into digital assets as investors seek diversified opportunities in a more stable macro environment.

According to Fox News, Cardinals are gathering for a conclave to select the new pope, a major event that historically brings global attention and can influence market sentiment (Source: Fox News, May 7, 2025). For cryptocurrency traders, such significant geopolitical and cultural events often drive increased volatility as global investors reassess risk exposure and safe-haven assets. Past papal elections have coincided with shifts in traditional financial markets, which can ripple into crypto trading pairs, particularly Bitcoin and stablecoins, as traders look for alternative asset classes during periods of uncertainty.