According to Crypto Rover, former President Donald Trump stated he would 'certainly' visit President Xi Jinping in China to negotiate trade deals. This development may influence cryptocurrency market sentiment, as improved US-China relations could ease global trade tensions and affect risk appetite for digital assets. Traders should monitor updates on these diplomatic moves, as any concrete progress on trade agreements often correlates with increased volatility and liquidity in major cryptocurrencies like Bitcoin and Ethereum (source: Crypto Rover on Twitter, May 17, 2025).

According to The Kobeissi Letter, the scheduled conversation between President Trump and China's President Xi has been canceled, as reported by WSJ. This development might lead to increased market volatility, especially affecting US-China trade-related stocks and currencies, as traders reassess geopolitical risks and trade relations between the US and China.