The Trump-China drama may have been perfectly timed because Donald Trump struck a calm, almost rehearsed tone after Friday’s sudden market crash, before TradFi markets open on Monday. Crypto is often caught holding the ball as President Trump’s market-moving announcements tend to come on Friday, almost sparing stocks from the carnage. Trump Calms China Fears, Fuels Bitcoin and Ethereum Recovery Global markets could be steady by Monday morning, and crypto, which absorbed the shock over the weekend, is already leading the rebound. Bitcoin was approaching the $115,000 mark, while Ethereum reclaimed $4,100, following Trump’s comments on Truth Social, which eased China fears
source: https://beincrypto.com/bitcoin-ethereum-trump-china-weekend/