Crypto Market Soars on US-China Trade Talk Spark

The cryptocurrency market saw a significant surge, hitting a combined valuation of $4 trillion, following positive developments in US-China trade talks. Bitcoin, Ethereum, Dogecoin, and other leading cryptocurrencies experienced substantial gains ranging from 3% to 7%, spurred by optimism surrounding the potential for easing tensions between the two economic superpowers. This rally precedes the Federal Reserve’s anticipated interest rate cuts this week, further contributing to investor confidence.