Bitcoin (BTC) has experienced a dramatic price surge, climbing above $84,000 for the first time in recent hours. This significant rise follows days of market volatility. The reasons behind this sudden jump remain multifaceted, with today’s better-than-expected Producer Price Index data and positive developments regarding trade relations between the US and China playing key roles. [Include relevant link to PPI news if available.] The White House’s declaration that it is open to negotiating on tariffs imposed on China has sparked optimism across financial markets, further contributing to this upward momentum. Furthermore, President Trump expressed optimism about a potential deal between the US and China, which has influenced market sentiment.