$ETH reversed suddenly! Trump made three concessions in the early morning, U.S. stocks / cryptocurrency market surged in response

Upon waking up, the financial markets were in a frenzy! U.S. stocks and the cryptocurrency market soared, all stemming from Trump's three significant concessions made at 00:00, 01:00, and 05:00.

U.S. Treasury Secretary Basent was the first to speak out, stating that the trade war with China is difficult to sustain and that the situation is about to ease.

Immediately afterwards, Trump himself stated: "A 145% tariff is too high; tariffs on China will be significantly reduced, China will be satisfied, and the U.S. and China will work together for good cooperation." Additionally, although Trump is dissatisfied with the pace of the Federal Reserve's interest rate cuts, he clearly has no intention of firing Powell.