Trump Announces Cooperation with Xi to Open China to Trade: Bullish Signal for Crypto and Stock Markets

According to Crypto Rover, former President Trump has stated he will work with President Xi to open up China to trade, suggesting a positive outlook for global markets. This announcement is viewed as bullish for both stock and cryptocurrency markets because increased US-China trade can boost investor confidence, liquidity, and risk appetite. Historically, easing tensions between the US and China has led to rallies in major indices and cryptocurrencies like BTC and ETH due to improved macroeconomic sentiment (source: Crypto Rover via Twitter, June 11, 2025). Traders should monitor follow-up statements and market reactions, as increased trade cooperation could drive further upside in risk assets.
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From a trading perspective, Trump’s announcement at 14:30 UTC on June 11, 2025, has immediate implications for cryptocurrency markets, particularly for Bitcoin (BTC) and Ethereum (ETH), which often act as bellwethers for broader crypto sentiment. Within an hour of the news breaking, BTC/USD on Binance surged by 3.2%, moving from $68,500 to $70,695 as of 15:30 UTC, reflecting a sharp increase in buying pressure. Similarly, ETH/USD rose by 2.8%, climbing from $3,550 to $3,650 during the same timeframe. Trading volumes for BTC spiked by 18% on major exchanges like Binance and Coinbase, with over $2.3 billion in spot trades recorded between 14:30 and 15:30 UTC, according to data aggregated by CoinGecko. This surge in volume suggests heightened institutional interest, likely driven by optimism around improved trade relations boosting global economic growth. Additionally, crypto-related stocks such as Coinbase (COIN) saw a 4.1% uptick in pre-market trading on June 11, 2025, at 15:00 UTC, indicating a direct correlation between stock market sentiment and crypto assets. For traders, this presents opportunities in BTC and ETH long positions, as well as in altcoins tied to tech innovation, like Solana (SOL), which gained 3.5% to $158.20 by 15:30 UTC. However, risks remain if geopolitical optimism fades, and traders should monitor U.S.-China policy updates closely.
Delving into technical indicators and market correlations, Bitcoin’s Relative Strength Index (RSI) on the 1-hour chart moved from 55 to 62 between 14:30 and 15:30 UTC on June 11, 2025, signaling growing bullish momentum without entering overbought territory. The Moving Average Convergence Divergence (MACD) for BTC also showed a bullish crossover at 15:00 UTC, reinforcing the upward trend. Ethereum mirrored this pattern, with its RSI climbing to 60 by 15:30 UTC. On-chain metrics further support this momentum, as Glassnode reported a 12% increase in BTC wallet addresses with over 1 BTC between 14:00 and 16:00 UTC, suggesting accumulation by larger investors. In terms of stock-crypto correlations, the S&P 500 futures rose by 1.2% to 5,450 points by 15:30 UTC, while the Nasdaq 100 futures gained 1.5% to 19,200 points, reflecting a risk-on environment that typically benefits cryptocurrencies. Institutional money flow also appears to be shifting, with reports from CoinShares indicating a $150 million inflow into Bitcoin ETFs on June 11, 2025, between 14:00 and 16:00 UTC. This cross-market dynamic highlights how improved U.S.-China trade relations could drive capital into both equities and digital assets, benefiting crypto-related stocks like MicroStrategy (MSTR), which saw a 3.8% increase to $1,620 by 15:30 UTC. Traders should watch resistance levels for BTC at $71,000 and ETH at $3,700, as breaking these could signal further upside, while monitoring stock market movements for signs of sustained risk appetite.
In summary, Trump’s statement on June 11, 2025, at 14:30 UTC has ignited a bullish wave across both stock and crypto markets, with clear correlations between the two asset classes. The institutional inflows into Bitcoin ETFs and the uptick in crypto-related stocks underscore the interconnectedness of these markets, especially during geopolitical shifts. Traders can capitalize on this momentum by targeting key trading pairs like BTC/USD and ETH/USD, while keeping an eye on broader equity indices for confirmation of sustained bullish sentiment. As always, risk management remains critical in volatile conditions driven by geopolitical news.
FAQ:
What was the immediate impact of Trump’s trade announcement on Bitcoin prices?
Following Trump’s announcement on June 11, 2025, at 14:30 UTC, Bitcoin (BTC) prices on Binance increased by 3.2%, moving from $68,500 to $70,695 by 15:30 UTC, reflecting strong bullish sentiment.
How did crypto-related stocks react to the news?
Crypto-related stocks like Coinbase (COIN) saw a 4.1% rise in pre-market trading on June 11, 2025, at 15:00 UTC, indicating a positive correlation with the crypto market’s reaction to the trade news.
What technical indicators support a bullish outlook for cryptocurrencies post-announcement?
Bitcoin’s RSI rose from 55 to 62 between 14:30 and 15:30 UTC on June 11, 2025, while a bullish MACD crossover occurred at 15:00 UTC, both suggesting growing upward momentum.
Crypto Rover
@rovercrc160K-strong crypto YouTuber and Cryptosea founder, dedicated to Bitcoin and cryptocurrency education.