Positive momentum began after US-China trade tensions eased following an agreement by both countries to temporarily reduce tariffs for 90 days. The US lowered its tariff from 145% to 30%, while China reduced it from 125% to 10%, in accordance with a joint agreement in Switzerland.

On Wednesday (14/5) at 08:00 WIB, Bitcoin (BTC) surged 1.25% to $104,117 (IDR 1,729,699,885). Ethereum (ETH) jumped 8.50% to $2,670 (IDR 44,175,256). Meanwhile, the total market capitalization of cryptocurrency assets stood at $2.32 trillion, up 1.45% in the last 24 hours.