Crypto traders are positive again after a few months of horrible price action – and this time, it’s not because of an ETF or a halving. It’s global politics that’s stirring things up.
Over the weekend, the US and China reportedly reached a mutual agreement on tariffs, and the reaction was almost instant. According to blockchain analytics platform Santiment, this news triggered the highest level of social media discussion on US-China trade since early April — the exact period when the crypto market bottomed.
A chart shared by Santiment shows that social volume and dominance around this topic spiked hard. Bitcoin’s price began climbing alongside the chatter, and altcoins, especially Ethereum, surged even more aggressively. Ethereum is now trading above $2,500 again, while Bitcoin is holding firm around $104,000.
Santiment’s tweet also offered a fair warning: while the headlines sound bullish, the deal might still be in its framework stage. The official announcement from President Trump is expected later Monday during US morning hours. Until then, there’s always a risk of a “buy the rumor, sell the news” situation – something crypto traders know all too well.
🇨🇳🇺🇸 BREAKING: US & China are mutually stating that an agreement has been reached, with more details to come later Monday. Bitcoin ($104.1K) has mildly climbed, and altcoins are surging with Ethereum now all the way back above $2,500.
— Santiment (@santimentfeed) May 12, 2025
Stock markets are reacting positively, with… https://t.co/SEmz0gwR2e pic.twitter.com/nNLYgH7bEJ
Still, the market is reacting positively, and if this agreement does end up easing tariffs between the world’s two biggest economies, it could lift investor sentiment across stocks and crypto alike.
What you'll learn 👉
Can XRP Hit $3 This Week? What About Ethereum and Bitcoin?
With the macro boost from the trade news, many are asking whether XRP, Ethereum, and Bitcoin can make big moves this week. Here’s a look at the possibilities, and some realistic odds.
📈 XRP to $3?
- Current Price: Around $2.45
- Needed Gain: Roughly 22%
- Catalyst: XRP has been showing strength lately with bullish technicals and high social volume. If the market gets another leg up and Bitcoin leads, XRP could follow fast.
- AI Odds: We asked AI to run a probability based on current trend strength, volume, and recent breakouts. It gives XRP about a 40% chance of hitting $3 this week.
📈 Ethereum to $3,000?
- Current Price: $2,560
- Needed Gain: Around 17%
- Catalyst: Ethereum has outperformed in the last 48 hours. With altcoin rotation picking up and ETH regaining dominance, $3K isn’t far-fetched, but it would require strong follow-through.
- AI Odds: There’s a 55% chance ETH hits or briefly touches $3K if Bitcoin pushes higher.
📈 Bitcoin to New ATH – Over $109,000?
- Current Price: ~$104,000
- Needed Gain: Just under 5%
- Catalyst: A confirmed trade deal, plus strong macro tailwinds, could push BTC to a new all-time high. The price is already consolidating near the top.
- AI Odds: The AI model puts the likelihood of Bitcoin crossing $109K this week at 60%, especially if Monday’s news delivers a real catalyst.
Read also: Why Is ETH Price Pumping? Here Are the Best Ethereum Coins to Buy Now
This could be a pivotal week for crypto. A major macro narrative, the kind that moves traditional markets, is now at play. If the US-China deal turns out to be more than just diplomatic noise, it might just give Bitcoin the push it needs to break new highs — and drag Ethereum and XRP along with it.
Still, it’s smart to keep risk in check. The market has seen plenty of “headline highs” fade fast. But for now, bulls have a reason to stay hopeful.
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