Trump’s China Talks Spark Crypto Volatility, Bitcoin Soars

Uncertainty surrounding U.S.-China trade talks fueled market volatility last week, prompting contrasting responses across asset classes. While stock indexes like the S&P 500 and Russell 2000 showed mixed performances, bitcoin surged past $87,000 as investors sought refuge in digital assets amidst geopolitical uncertainties. The surge was driven by technical strength and Bitcoin’s perceived role as a hedge against trade-related risks.