According to StockMKTNewz, White House economic adviser Hassett stated that the US expects to announce several new trade deals, potentially within this week (source: StockMKTNewz, May 27, 2025). For traders, this signals possible increased global liquidity and reduced macroeconomic uncertainty, factors historically linked to higher cryptocurrency volatility and potential upside for major assets like Bitcoin and Ethereum. Crypto traders should monitor news flow for confirmation of these deals, as positive trade news tends to boost risk sentiment across both equity and crypto markets.

According to Crypto Rover, Bessent stated that the United States is very close to finalizing significant trade deals, which is seen as a bullish signal for both crypto and traditional markets. This development is likely to boost investor confidence and could trigger upward price action in leading cryptocurrencies and equities, as trade deals often reduce market uncertainty and promote risk-on sentiment (source: Crypto Rover on Twitter, May 5, 2025). Traders are watching for confirmation and potential breakout opportunities across major assets.