Bitcoin experienced a brief surge above $110,000 this morning, prompted by a recent agreement between the U.S. and China aimed at reducing economic tensions. As markets await the upcoming Consumer Price Index (CPI) reading, investors wonder whether this will fuel further price increases. Analysts are closely monitoring the situation, considering how a broader tariff agreement between the two economic superpowers might bolster Bitcoin’s market performance. Such developments highlight the interconnectedness of global economics and the cryptocurrency market, prompting traders to stay vigilant. The outcome may significantly influence price trends in the coming days, making it a period of heightened speculation.