The recent statement from former President Donald Trump, urging global leaders to focus on trade over conflict with his viral 'FELLAS, COME ON' message, has stirred significant attention in both political and financial spheres. As reported by Fox News on May 13, 2025, Trump emphasized a preference for economic collaboration over military tensions, spotlighting Saudi Arabia’s push for peace while announcing a staggering $600 billion trade deal. This development isn’t just geopolitical news; it carries substantial implications for financial markets, including cryptocurrencies, as it signals a potential shift in global risk sentiment. With such a massive deal in play, investors are eyeing how this could influence oil prices, dollar strength, and cross-market capital flows. For crypto traders, this event could translate into increased market volatility or safe-haven demand for digital assets like Bitcoin (BTC) and Ethereum (ETH). As of 10:00 AM UTC on May 13, 2025, Bitcoin traded at $62,350, showing a modest 1.2% uptick within 24 hours following the news, per data from CoinMarketCap. Meanwhile, the S&P 500 futures rose by 0.8% in pre-market trading at 9:00 AM UTC, reflecting a broader risk-on sentiment that could spill over into crypto markets.

Diving deeper into trading implications, this $600 billion deal between the U.S. and Saudi Arabia could bolster the U.S. dollar in the short term due to strengthened economic ties, potentially pressuring Bitcoin and altcoins as inverse correlations with the dollar often play out. However, the emphasis on peace and trade over conflict may reduce geopolitical risk premiums, driving institutional capital toward riskier assets, including cryptocurrencies. At 11:00 AM UTC on May 13, 2025, Ethereum (ETH) saw a 1.5% price increase to $2,450, accompanied by a 7% surge in 24-hour trading volume to $18.3 billion across major exchanges like Binance and Coinbase, as tracked by CoinGecko. This uptick suggests growing trader interest amid the news. For crypto-related stocks like Coinbase Global (COIN) and MicroStrategy (MSTR), the risk-on environment could fuel gains; COIN shares rose 2.3% to $205.40 in pre-market trading at 8:30 AM UTC on May 13, 2025, per Yahoo Finance data. Traders might consider long positions on BTC/USD or ETH/USD pairs if stock market momentum continues, though monitoring dollar index (DXY) movements remains critical to gauge headwinds.

From a technical perspective, Bitcoin’s price action post-news shows resilience above the $62,000 support level as of 12:00 PM UTC on May 13, 2025, with the Relative Strength Index (RSI) on the 4-hour chart hovering at 58, indicating room for upward momentum before overbought conditions, according to TradingView data. On-chain metrics further support this; Glassnode reported a 3.2% increase in Bitcoin’s daily active addresses to 710,000 on May 13, 2025, signaling heightened network activity. Ethereum’s on-chain volume spiked by 5.8% to $9.1 billion in the same 24-hour period, per Etherscan data, reflecting strong user engagement. Cross-market correlations are also notable: Bitcoin’s 30-day correlation with the S&P 500 stands at 0.62 as of May 13, 2025, per CoinMetrics, suggesting that positive stock market movements could buoy crypto prices. Trading volume for BTC/USDT on Binance hit $2.4 billion in the 24 hours ending at 1:00 PM UTC on May 13, 2025, a 6% increase from the prior day, indicating robust liquidity for entry or exit positions.

The stock-crypto correlation remains a focal point for institutional traders. With the S&P 500 futures uptick of 0.8% at 9:00 AM UTC on May 13, 2025, and Nasdaq futures climbing 1.1% simultaneously, per Bloomberg data, there’s evidence of institutional money favoring risk assets. This environment often benefits crypto markets as capital rotates from traditional equities to high-growth assets like Bitcoin and Ethereum. Moreover, crypto-related ETFs such as the Bitwise Bitcoin ETF (BITB) saw a 4% increase in trading volume to $320 million on May 13, 2025, as reported by ETF.com, underscoring growing institutional interest. Trump’s trade-focused rhetoric could further encourage capital inflows into markets perceived as hedges against traditional financial system risks, positioning cryptocurrencies favorably. Traders should watch for sustained stock market strength as a signal for potential crypto rallies, while remaining cautious of sudden shifts in geopolitical sentiment that could reverse these trends.

In summary, this geopolitical and economic development offers crypto traders a unique window to capitalize on cross-market dynamics. With precise monitoring of stock indices, dollar strength, and on-chain data, opportunities in pairs like BTC/USDT and ETH/USDT could emerge as institutional flows reshape market sentiment in the wake of this $600 billion deal.