Bitcoin Price Rises as Trump’s Trade Comments Spark Market Rally

Bybit and Block Scholes have released their latest weekly crypto derivatives analytics report, revealing Bitcoin’s market rally following positive comments from US President Trump on trade negotiations with China. The report highlights a shift in sentiment as the cryptocurrency price surged after Trump stated he had an “advantage” regarding trade agreements. This movement mirrored broader gains seen across both the crypto and equity markets. Bitcoin decoupled from U.S. equities last week following the announcement of increased tariffs on Chinese goods, which contributed to the subsequent rally in BTC.