According to The White House (@WhiteHouse) on May 12, 2025, the official account highlighted an upbeat sentiment for the start of the week, signaling potential positive momentum across economic sectors. While the announcement did not specify cryptocurrency directly, such optimistic communications from major government entities have historically correlated with increased risk appetite in digital asset markets. Traders should monitor Bitcoin and Ethereum for potential bullish activity, as positive macroeconomic sentiment can often lead to higher trading volumes and short-term upward price movements in the crypto sector (Source: The White House Twitter).

According to Ai 姨 (@ai_9684xtpa), news that China has reduced tariffs on US imports to 10% triggered an immediate surge in Bitcoin price, spiking to $105,525. This sharp rally led to significant losses for large short positions, with one major trader facing a floating loss of $1.27 million, just $200 away from liquidation at $105,710. The trader reportedly holds $20 million in reserve funds, raising questions about potential margin top-ups. Traders should closely monitor further developments, as macroeconomic policy shifts and cross-border trade news are having direct and rapid impacts on crypto markets. Source: Twitter (@ai_9684xtpa, May 12, 2025).

According to Santiment (@santimentfeed), both the US and China have officially confirmed reaching an agreement, with further details expected later Monday. This announcement has triggered immediate positive momentum in the cryptocurrency markets, with Bitcoin climbing to $104,100 and Ethereum rebounding above $2,500. Altcoins are experiencing notable gains, reflecting strong risk-on sentiment. Stock markets are also responding with optimism, underscoring the correlation between global macroeconomic developments and crypto price action. Traders should monitor for more details on the agreement, as further clarity could drive continued volatility and trading opportunities in both Bitcoin and major altcoins. Source: Santiment, May 12, 2025.