Bitcoin has surged past the $105,000 mark for the first time in three months, signaling a full comeback in the crypto market. The rise comes on the heels of a 90-day truce in the US-China trade war, which saw both sides agree to reduce certain tariffs. This positive news sparked a wave of buying across risk assets, with Ether surging 4% to reach $2,596 and XRP gaining 3%. Other cryptocurrencies like Solana (SOL) climbed by 3.2% to $179, while BNB saw a more modest increase of 1.1%, reaching $665. Bitcoin’s rally was short-lived as it dipped back slightly to $104,422 at press time. Meanwhile, the US dollar strengthened, gold and government bonds declined in value, suggesting investors are optimistic that the economic damage from the trade war might ease, at least temporarily. The yield on the 10-year US Treasury bond climbed six basis points to reach 4.43%, the highest level in nearly a month. The Japanese yen, often seen as a safe haven currency, took a hit. markets have shown a quick rebound as risk appetite returns.