According to Stock Talk (@stocktalkweekly), official statements from both the United States and China confirm that an important consensus was reached and substantial progress made during the Geneva trade talks. U.S. Secretary of Treasury Bessent highlighted this significant breakthrough, which is expected to reduce trade tensions and potentially drive renewed capital flows into risk assets like Bitcoin and Ethereum. Improved US-China trade relations historically correlate with higher crypto volatility and bullish sentiment, as traders anticipate easing regulatory pressures and greater liquidity across global markets (source: Stock Talk, May 11, 2025).