Bitcoin’s Revival: Trump-China Trade Deal Fuels Optimism

Bitcoin has experienced a resurgence in value, recovering from recent downturns triggered by the Federal Reserve’s rate decisions and Chairman Powell’s comments on further policy adjustments. President Trump’s announcement of a trade agreement with China’s Xi Jinping, potentially extending beyond a single year, played a key role in this positive development. This accord is seen as easing tensions, offering cautious optimism both in the political and financial spheres.