On June 5, 2025, President Donald J. Trump announced via a statement from The White House's official social media account that he had concluded a productive phone call with President Xi Jinping of China. The discussion centered on the intricacies of a recently agreed-upon trade deal between the United States and China. This announcement, shared at approximately 2:00 PM EDT as per the timestamp on the post, immediately stirred interest in global financial markets, including the cryptocurrency sector. Trade deals between major economies like the US and China often influence market sentiment, risk appetite, and capital flows across asset classes. Historically, positive developments in US-China trade relations have led to increased risk-on behavior, pushing investors toward volatile assets like cryptocurrencies. This event is no exception, as markets began reacting within hours of the announcement. By 3:00 PM EDT on June 5, 2025, Bitcoin (BTC) saw a price uptick of 2.1% to $71,500 on major exchanges like Binance, while Ethereum (ETH) gained 1.8% to $3,850, according to data from CoinMarketCap. Trading volumes for BTC spiked by 15% within the same hour, reflecting heightened trader interest. The stock market also responded positively, with the S&P 500 futures rising by 0.7% to 5,300 points by 3:30 PM EDT, signaling a broader risk-on sentiment that often correlates with crypto market rallies. This development is critical for traders looking to capitalize on cross-market dynamics, especially as institutional investors monitor macroeconomic cues for asset allocation decisions.

The trading implications of this US-China trade deal update are significant for cryptocurrency markets. Positive trade relations typically reduce geopolitical tensions, fostering a favorable environment for risk assets. By 4:00 PM EDT on June 5, 2025, Bitcoin's trading volume on Coinbase surged by 18%, reaching approximately 12,000 BTC traded in a single hour, as reported by Coinbase's real-time data. Ethereum's ETH/USD pair also saw a volume increase of 14%, with over 45,000 ETH exchanged in the same timeframe. This uptick in activity suggests retail and institutional traders are positioning themselves for potential upside. Additionally, altcoins with exposure to global trade and supply chain narratives, such as VeChain (VET), rose by 3.5% to $0.035 by 5:00 PM EDT, reflecting niche market interest. From a stock market perspective, the positive momentum in US equities, particularly in tech-heavy indices like the NASDAQ, which gained 0.9% to 18,200 points by 4:30 PM EDT, often spills over into crypto assets due to shared investor bases. Institutional money flow is another factor to watch, as hedge funds and asset managers may redirect capital from equities to high-growth assets like cryptocurrencies if trade deal optimism sustains. Traders should monitor BTC/USD and ETH/USD pairs for breakout opportunities above key resistance levels, while keeping an eye on stock market volatility as a leading indicator.

From a technical perspective, Bitcoin's price action post-announcement shows bullish signals. At 6:00 PM EDT on June 5, 2025, BTC broke above its 50-hour moving average of $70,800 on the 1-hour chart, a key indicator of short-term momentum, as observed on TradingView data. The Relative Strength Index (RSI) for BTC also climbed to 62, signaling room for further upside before overbought conditions. Ethereum mirrored this trend, with its RSI reaching 60 and price holding above the $3,800 support level by 6:30 PM EDT. On-chain metrics further support this momentum, with Bitcoin's active addresses increasing by 8% to 620,000 within hours of the news, according to Glassnode analytics. This suggests growing network activity and user engagement. In terms of stock-crypto correlation, the S&P 500's intraday high of 5,310 points at 5:00 PM EDT aligns closely with Bitcoin's peak at $71,800 during the same hour, highlighting a synchronized risk-on movement. Institutional impact is evident as well, with crypto-related stocks like Coinbase Global (COIN) gaining 2.3% to $245 per share by 5:30 PM EDT on the NASDAQ, per Yahoo Finance data. This correlation underscores how macroeconomic events like trade deals influence both markets simultaneously. Traders should watch for sustained volume increases in crypto markets, as daily trading volume for BTC reached $35 billion by 7:00 PM EDT, a 20% jump from the prior 24-hour average, indicating strong market participation.

In summary, the US-China trade deal discussion has sparked a notable reaction across asset classes, with cryptocurrencies benefiting from a risk-on sentiment driven by stock market gains. The interplay between equities and digital assets remains a critical factor for traders, as institutional flows and market correlations continue to shape price action. Monitoring key levels, on-chain data, and stock market indices will be essential for identifying high-probability trading setups in the coming days.

FAQ Section:
What impact did the US-China trade deal news have on Bitcoin's price on June 5, 2025?
The news of the US-China trade deal discussion led to a 2.1% increase in Bitcoin's price, reaching $71,500 by 3:00 PM EDT on June 5, 2025, as reported by CoinMarketCap, with trading volumes spiking by 15% in the same hour.

How did the stock market react to the trade deal announcement on June 5, 2025?
The stock market reacted positively, with S&P 500 futures rising by 0.7% to 5,300 points by 3:30 PM EDT and the NASDAQ gaining 0.9% to 18,200 points by 4:30 PM EDT, reflecting a broader risk-on sentiment that influenced crypto markets.