Crypto prices today: Bitcoin tops $105K on US-China trade optimism; Altcoins mixed
Bitcoin surged above $105,000 on Monday, driven by growing optimism around U.S.-China trade talks and increasing interest in the broader cryptocurrency market.As of midday trading (IST), the world’s leading cryptocurrency was hovering around $103,914 after touching an intraday high of $105,039.
Global financial markets also reacted positively to reports that the U.S. may reduce tariffs on Chinese imports. Although no deal has been finalised, hopes of a rollback to earlier levels are raising expectations that a global recession might be avoided.
“The market is still bullish, especially with a possible U.S.-China trade deal on the way,” said Vikram Subburaj, CEO of Giottus Crypto Platform. “If Bitcoin stays above $105,000, it could…
