Bitcoin Rises Amidst Positive US-China Trade Developments

Bitcoin experienced a surge, testing the $110,000 mark as diplomatic easing between the United States and China boosted investor confidence and fueled market interest. While Federal Reserve Chairman Jerome Powell’s suggestion of a possible December rate cut triggered a temporary dip, Bitcoin stabilized in the range of $109,600 to $110,200 by Friday morning. Analysts attribute this surge to renewed optimism surrounding US-China trade agreements.