Bitcoin Rockets Past $97.5K as US-China Trade Talks Reignite Market Optimism

Geopolitical détente sends crypto markets into overdrive—because nothing fuels digital asset rallies like old-school economic diplomacy.

Bullish momentum accelerates as traders bet on reduced macro volatility. Never mind that 90% of these ’trade breakthroughs’ end with recycled press releases and empty promises.

Technical indicators scream overbought, but try telling that to the leverage-happy degens piling into perpetual swaps. The casino stays open.

Experts said that the market rally is due to the hope that the conflict between the US and China will be resolved soon and thus the global economic risk will decrease.

The head of the American delegation will be the US Treasury Secretary Scott Bessent and the head of the delegation from Beijing will be China’s Vice Premier He Lifeng. These discussions are expected to happen later this week in Switzerland.

The Chinese Foreign Ministry officially stated that He, the vice premier, will meet with Bessent to discuss trade. The US side also confirmed that Greer will sit down with his Chinese counterpart to further discuss the trade issue.

If the negotiations are positive, analysts state that there can be further improvements in the crypto and stock markets. Investors are watching closely. With global tension easing, the Bitcoin remains sensitive to positive changes in the global market environment.

Also Read: Binance’s CZ Predicts Bitcoin price Boom: $500k to $1M in Sight