The anticipated meeting between US President Donald Trump and Chinese President Xi Jinping has spurred renewed interest in Bitcoin, causing its value to rise. This surge follows a familiar pattern of strategic negotiations from both parties, echoing similar approaches seen in recent European dealings. Investors are closely watching the potential impact on Bitcoin, Ethereum, and other digital currencies. experts predict continued recovery for cryptocurrencies as relations between US and China ease, albeit not reaching the heights witnessed during the Geneva Agreement era. A possible concession by China regarding rare earth element permits could contribute to this momentum, potentially propelling Bitcoin towards $112,000 in the near term.