According to Crypto Rover, US Commerce Secretary Lutnick stated that trade talks with China are progressing well, which is considered bullish for both traditional markets and the cryptocurrency sector. Improved US-China trade relations often enhance risk appetite among investors, potentially increasing capital flows into digital assets like Bitcoin and Ethereum. As per the June 10, 2025 update, traders are advised to monitor correlated market movements, as positive global trade sentiment historically leads to short-term rallies in major cryptocurrencies (Source: Crypto Rover, Twitter).

According to @StockMKTNewz, US Commerce Secretary Lutnick announced that 50% of global AI compute must be located within the United States. This policy signals tighter control over AI infrastructure and could accelerate domestic investment in AI hardware and data centers. Crypto markets may see increased demand for US-based computing resources and stricter regulatory scrutiny on projects leveraging offshore compute, potentially affecting token valuations for AI and cloud-related cryptocurrencies (source: StockMKTNewz on Twitter, June 4, 2025).

According to @Kalshi, there is now a 73% chance that President Trump will establish the 'External Revenue Service.' Market odds increased following Commerce Secretary Lutnick's announcement that the April 2nd tariffs will initiate the External Revenue Service. This development is crucial for traders as retaliatory tariffs could impact market conditions in 8 days. Source: @KobeissiLetter.