Cryptocurrencies continued their strong gains over the weekend, fueled by three positive macroeconomic and international political developments. These developments were highlighted by President Trump's comments on the Truth Social platform regarding the ongoing trade talks in Switzerland between the United States and China, which appeared promising.

"Very good meeting today. Much was discussed, and much was agreed upon," Trump said. He added, "A complete reset was negotiated in a friendly and constructive manner. We want to see, for the benefit of both China and the United States, China open up to American business. Very significant progress has been made!!!"