Bitcoin Price Soars Past $104,000 on US-China Trade Deal and Market Optimism

Bitcoin’s price is surging as it approaches its all-time high of nearly $109,350. Recent developments in the market are driving this surge, with positive trade talks between the U.S. and China, consistent ETF inflows, and expectations of easing inflation playing a role. After falling to $75,000 earlier this year, Bitcoin has rebounded strongly, gaining nearly 10% in just one week. This latest rally is fueled by the optimism surrounding US-China trade agreement and its impact on market sentiment.