Bitcoin soars above $116,000 as trade optimism fuels markets

Following positive U.S.-China trade talks, Bitcoin has broken past the $116,000 barrier, marking a significant milestone in its history. The market’s response to optimistic discussions between President Trump and President Xi Jinping regarding potential tariff adjustments and rare-earth elements supply has fueled both crypto and traditional stock markets. Crypto firms like ABTC are also reflecting this increased confidence by buying more Bitcoin during the rally. ]