According to The Kobeissi Letter, President Trump has confirmed that Bessent, Lutnick, and Greer will meet with Chinese representatives on June 9th to discuss a new trade deal (source: The Kobeissi Letter, June 6, 2025). This high-level dialogue is expected to influence global market sentiment, with possible ripple effects on both traditional equities and the cryptocurrency market. Traders should monitor volatility in Bitcoin, Ethereum, and altcoins, as improved US-China trade relations historically correlate with increased risk appetite and upward momentum in digital assets. Market participants are advised to watch for real-time updates that could trigger rapid price movements (source: The Kobeissi Letter, June 6, 2025).

According to @StockMKTNewz, President Trump stated that a 'very good meeting' with China took place in Switzerland, resulting in a 'total reset' negotiated in a friendly and constructive manner (source: Twitter - @StockMKTNewz, May 10, 2025). This breakthrough in US-China relations could significantly influence global risk sentiment, potentially leading to increased investor confidence and capital flows into both traditional equities and digital assets. Traders should watch for heightened volatility and upward momentum in major cryptocurrencies, as improved diplomatic ties often correlate with bullish moves in global risk-on assets. The meeting's positive tone may also reduce uncertainty around regulatory tensions, supporting higher trading volumes in Bitcoin and Ethereum.