According to Reuters, Saudi Arabia and the United States have announced new economic agreements aimed at enhancing bilateral trade and investments, with a particular focus on technology and energy sectors. These developments are likely to influence global oil prices and US dollar liquidity, which are key factors affecting cryptocurrency market volatility and trading opportunities. Crypto traders should closely monitor Saudi oil production policy and US financial markets as these variables can impact Bitcoin and altcoin price movements, especially in the context of stablecoin demand and cross-border payment flows. Source: Reuters, June 2024.