Crypto Market Surges as US-China Trade Tensions Ease Ahead of Trump-Xi Summit

Cryptocurrency markets experienced a significant rally, with XRP leading the charge, climbing over 8%. This surge is largely attributed to the easing of trade tensions between the United States and China, following President Donald Trump's confirmation of an upcoming summit with President Xi Jinping. The positive sentiment has boosted major cryptocurrencies like Bitcoin and Ethereum, marking one of the strongest one-day recoveries in recent times.