Bitcoin’s price surged past the $110,900 mark on October 30, 2025, sparking speculation about an impending US-China trade deal. The alleged statement by former President Donald Trump further fueled this volatility. However, these claims remain unverified, leaving market observers questioning their impact on cryptocurrency valuation. While Bitcoin allegedly reached this new high following political news and rumors about a potential agreement between the two countries, no official documentation or primary sources confirm these assertions. Market reactions appear driven by speculation rather than concrete financial activity. Read more to understand how market dynamics react to political headlines and whether such claims have a lasting impact on Bitcoin’s price.