According to The White House, President Trump met with leaders of the Gulf Cooperation Council in Riyadh, emphasizing 'peace through strength' (source: @WhiteHouse, May 14, 2025). This high-level diplomatic engagement signals potential stability in the Middle East, which historically correlates with steadier oil prices. Stable oil prices can reduce volatility across global financial markets, including cryptocurrencies like Bitcoin and Ethereum, as energy costs and geopolitical risks are key factors influencing crypto trading sentiment and transaction costs.