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 The Kobeissi Letter citing Kalshi, the probability of a US recession in 2025 has decreased to 28%, the lowest level since February 28th. This shift is attributed to positive market sentiment following recent trade deal announcements, which has led to increased investor confidence in both traditional and digital assets. Traders are closely monitoring these macroeconomic developments as reduced recession fears often correlate with higher risk appetite, benefiting cryptocurrency markets through increased inflows and bullish momentum. Source: @KobeissiLetter, @Kalshi.

According to @KobeissiLetter citing @Kalshi, the probability of a US recession in 2025 has decreased to 28%, marking the lowest risk since February 28th. This shift is attributed to renewed optimism following recent trade deal announcements, which has driven risk-on sentiment across financial markets. For cryptocurrency traders, the reduction in recession odds suggests a potential tailwind for digital assets as risk appetite returns, potentially leading to increased inflows and volatility in Bitcoin, Ethereum, and altcoins as investors seek higher returns amid favorable macroeconomic signals. Source: @KobeissiLetter on Twitter, June 3, 2025.