bullish

Solana

Impact

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/crypto-assets-surge-as-global-leaders-prepare-for-crucial-talks/" rel="noopener noreferrer nofollow">Crypto Assets Surge as Global Leaders Prepare for Crucial Talks</a> 
The weekend brings a fresh start for <a href="https://en.coin-turk.com/coinbase-plans-to-tokenize-coin-shares-on-base-network/" rel="noopener noreferrer nofollow">cryptocurrency</a> investors, with Bitcoin priced at $104,000. The rally in altcoins has paused temporarily due to Ethereum taking a breather. However, there may be unexpected activity over the weekend. What could be the reason for this?
<h2 id="potential-impact-of-trump-and-xi-s-conversation">Potential Impact of Trump and Xi’s Conversation</h2>
Recently, Trump hinted at a possible phone conversation with China’s President Xi on Saturday. Although he expressed uncertainty by saying “probably,” it’s unlikely that Trump would make a statement like this without a significant possibility of it happening, especially during such a critical period.
There could indeed be a phone discussion on Saturday. In recent weeks, both China and the US have felt the negative impacts of tariffs on their economies and have witnessed potential adverse projections. Triple-digit tariff rates would be detrimental to their economies, with both nations being heavily interdependent. Consequently, such a conversation following reconciliation might serve as a means to further improve relations, potentially leading to softer diplomatic exchanges.
<img loading="lazy" src="https://coin-turk.com/wp-content/uploads/2025/05/XRPUSDT_2025-05-16_20-17-19.png" alt="" width="1814" height="837">
In this optimistic scenario, XRP Coin and other altcoins might experience further increases. During its downtrend, XRP Coin has demonstrated resilience, and it recently turned the $2.35 into support. However, it has struggled to maintain its position above $2.53. During a potential rise over the weekend, an upper wick reaching $2.75 is conceivable.
<h2 id="performance-of-avax-and-shiba-coin">Performance of AVAX and Shiba Coin</h2>
<a href="https://en.coin-turk.com/grayscales-avalanche-etf-proposal-sparks-excitement-in-the-crypto-market/" rel="noopener noreferrer nofollow">AVAX</a> has retained its prior rally base by holding the $22.3 level, yet subsequent profit-taking above $25 dampens the sentiment. Factors like substantial annual inflation and lagging behind competitors like Solana in ecosystem development have made AVAX underperform expectations.
<img loading="lazy" src="https://coin-turk.com/wp-content/uploads/2025/05/AVAXUSDT_2025-05-16_20-27-58.png" alt="" width="1814" height="837">
Nevertheless, being a cornerstone crypto asset, AVAX might move towards $28.95 in a bullish scenario. The $28.95 mark will be the launchpad for a major rally, with swifter entries likely to begin at this level. This may also be the upper bound for a weekend surge.
<img loading="lazy" src="https://coin-turk.com/wp-content/uploads/2025/05/SHIBUSDT_2025-05-16_20-29-15.png" alt="" width="1814" height="837">
Should <a href="https://en.coin-turk.com/shiba-inu-introduces-shibdev-for-dapp-development-on-shibarium/" rel="noopener noreferrer nofollow">SHIB</a> manage to turn $0.0000158 into support, it could test heights reaching up to $0.0000218. Currently, it, like others, is focusing on support around the $0.00001420 mark.
The post <a href="https://en.coin-turk.com/crypto-assets-surge-as-global-leaders-prepare-for-crucial-talks/" rel="noopener noreferrer nofollow">Crypto Assets Surge as Global Leaders Prepare for Crucial Talks</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Crypto Assets Surge as Global Leaders Prepare for Crucial Talks

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