Bitcoin Surges on Trade Optimism as Investors Eye U.S. Economic Data
Bitcoin remained steady on Monday, trading around $103,863, close to its highest levels since late January 2025. The cryptocurrency’s firmness aligns with easing tensions in U.S.-China trade relations and precedes critical economic data from the U.S.
Positive Trade News Bolsters Crypto Sentiment
During the weekend, officials from Washington and Beijing announced a significant trade agreement, effectively pausing many tariffs and committing to resume elaborate negotiations. U.S. Treasury Secretary Scott Bessent characterized the discussions as substantial, while Chinese representatives mentioned an important consensus. This uplifting news improved investor confidence in risk assets, including Bitcoin, allowing it to stabilize above the strong level of $100,000.
Bitcoin’s Notable Rally
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Recent Gains: Bitcoin surged more than 9% last week due to the newly formed U.S.-U.K. trade framework and the likelihood of U.S.-China peace talks.
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Key Benchmark: Surpassing $100,000 last Thursday marked its strongest closing since late January.
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Current Pricing: The cryptocurrency traded flat at $103,863.5 as of 02:19 ET, with market participants curiously awaiting more details on trade agreements.
Focus on CPI and Policy Implications
Investors are now turning their attention to Tuesday’s U.S. Consumer Price Index (CPI) report for insights on inflation and indications of Federal Reserve action. An unexpected increase could dampen risk appetite, whereas lower-than-expected inflation could support stable interest rates, impacting crypto investment flows.
Real-Time Bitcoin Price Tracking
For real-time updates on Bitcoin pricing and trading volume, the Cryptocurrency Daily API provides the latest price data and historical trends.