Bitcoin Races Above $97K on U.S./China Trade Deal Progress

Bitcoin Races Above $97K on U.S./China Trade Deal ProgressImage Credit: coindesk
  • U.S. Treasury Secretary Scott Bessent announced plans to meet Chinese officials in Switzerland to discuss trade issues, signaling a potential easing of tariffs between the two nations.
  • China’s Ministry of Commerce confirmed their willingness to engage with the U.S. after assessing national interests and global expectations.
  • The positive signals from both sides have caused bitcoin to surge about 3% to $97,200, with Nasdaq 100 and S&P 500 futures rising approximately 1%.

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