Bitcoin Climbs $115K Amid Hopes of US–China Trade Deal
Bitcoin climbing past $115,000 over the weekend came as a bit of a surprise to some traders, and the rally was actually driven by renewed hopes around US-China trade negotiations that reached a preliminary framework agreement in Malaysia. The leading cryptocurrency gained around 3.5% on Sunday, rising from $110,960 to $115,400, which marks a pretty significant recovery. Right now, this momentum is being fueled by easing trade tensions between the world’s two largest economies, and investors are watching closely to see what happens next. Also Read: Elon Musk’s SpaceX Transfers Bitcoin for First Time Since July Bitcoin Climbing Again Amid US China Trade Talks and Price Predictions Source: AFP Trade Framework Sparks Bitcoin Climbing Rally The Bitcoin price jumped following announcements from U.S. Treasury Secretary Scott Bessent, who confirmed substantial progress had been made in US-China trade talks over the weekend. The Bitcoin climbing momentum was fueled by relief that the threa...