Altcoins, Bitcoin rally on heels of US-China trade update
Cryptocurrency markets are charging into the week with renewed bullish momentum, fueled by surging institutional interest, growing ETF-driven demand—particularly around Bitcoin—and a wave of favorable trading clarity is driving renewed investor confidence.
Bitcoin (BTC) climbed to a peak of $104,900 on Saturday evening—just about 4% below its all-time high—following President Donald Trump’s announcement of progress in U.S.-China trade talks during a meeting in Switzerland.
“A very good meeting today with China, in Switzerland,” Trump posted on Truth Social, his social media platform. “Many things discussed, much agreed to. A total reset negotiated in a friendly, but constructive, manner.”
Bitcoin…