U.S.-China Trade Talks Drive Bitcoin Surge

Recent trade discussions between the U.S. and China have triggered significant activity in the cryptocurrency market, particularly for Bitcoin. The announcement of a potential ‘good landing zone’ for their trade relations by U.S. Deputy Trade Representative Sarah Bianchi Greer fueled increased buying pressure on BTC, leading to a 2.74% price jump within hours. Market analysts believe this surge reflects broader market sentiment as investors seek safe haven assets during periods of economic uncertainty.