According to AltcoinGordon, China has officially confirmed plans to begin trade negotiations with the United States, a development that could influence global risk sentiment and capital flows impacting the cryptocurrency market (source: AltcoinGordon on Twitter, May 7, 2025). Historically, easing US-China tensions have supported bullish moves in Bitcoin and major altcoins due to improved investor confidence and increased liquidity. Traders should monitor capital movements and potential policy updates that could lead to increased crypto market volatility.