Bitcoin Surges Past $113,000 on Hopes for China Trade Deal

Bitcoin saw a significant surge in price Sunday, exceeding the $113,000 mark for the first time since Tuesday. This comes amidst positive news about a potential trade deal between the US and China that would remove President Trump’s 100% tariff imposed on several products. US Treasury Secretary Bessent confirmed the readiness of China to reach an agreement after two days of negotiations. [Source: The Kobeissi Letter] [Source: Reuters]