Recent geopolitical shifts, marked by a thawing of US-China relations, have fueled Bitcoin’s price rally. However, market sentiment has been fluctuating as uncertainty surrounding Federal Reserve interest rate cuts emerged, pushing prices back down to the $107,000 range. While this surge was initially driven by optimism stemming from diplomatic progress between Washington and Beijing, including agreements on tariff reductions and energy cooperation between President Trump and Xi Jinping in South Korea, a mixed bag of economic data delayed by the US government shutdown has left investors cautious. Bitcoin’s market volatility highlights a delicate balancing act as investors weigh trade negotiations against potential rate cuts and delayed macroeconomics data.