Bitcoin Rises Sharply After Trump Signals Shift in US-China Trade Relations
Bitcoin BTC witnessed a significant spike, trading in tandem with other financial assets, as US President Donald Trump hinted at a smoother approach to trade relations with China. This shift in sentiment resulted in Bitcoin jumping 6.6% to $94,227.77 within a day. Over the last two weeks, Bitcoin rebounded by an impressive 26%, boosting interest in the digital currency. Analysts view this development as a critical moment for Bitcoin, potentially solidifying its position as a resilient asset in the face of global market shifts. It is essential for investors to continue monitoring these pivotal events that shape market trends.
