Bitcoin Soars Past $110,000 Amidst Trade Talks and IPO Boom

Bitcoin’s price surged past the $110,000 mark on Monday, marking its first significant rise in nearly two weeks. The market rally was fueled by optimism surrounding renewed trade talks between the United States and China, and the increasing number of Initial Public Offerings (IPOs) in the cryptocurrency space. 24-hour gains pushed Bitcoin to $110,286, a 3.6% increase from Sunday’s close. This positive momentum follows recent dips that saw prices fall below $101,000 in early June.