Crypto Market Rallies as China-US Trade News Boosts Bitcoin and Altcoins

The cryptocurrency market is experiencing a strong bullish rally, fueled by growing institutional demand and increasing interest in Bitcoin-focused ETFs. Bitcoin soared to $104,900, just 4% below its all-time high, following a positive update on U.S.-China trade talks from former President Donald Trump. His announcement of a successful and constructive meeting in Switzerland with Chinese officials boosted market confidence, sparking a renewed surge in Bitcoin’s price. Investors are showing increased optimism due to favorable trading conditions and clearer regulatory signals, driving demand in the market.

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