According to Crypto Rover, former President Donald Trump has stated that tariffs on China could potentially be reduced, which is seen as a bullish signal for Bitcoin. Lower tariffs may ease global trade tensions and support risk-on assets, historically leading to increased capital flows into cryptocurrencies like Bitcoin. Traders are monitoring this development as reduced economic friction between the US and China could improve global liquidity and investor sentiment, potentially driving Bitcoin price momentum higher (source: Crypto Rover on Twitter, May 8, 2025).