💹 Bitcoin hits a 2½-week high at $116,200 as traders bet on a Fed rate cut and progress in U.S.–China trade talks.

🤝 Treasury Secretary Scott Bessent and China’s Li Chenggang called weekend discussions “constructive,” ahead of the Trump–Xi meeting in South Korea this Thursday, fueling optimism of a trade thaw.

📉 With U.S. inflation cooling and a 97% chance of another 25 bps Fed cut priced in, liquidity tailwinds are back on the table.

🧭 Macro easing and diplomatic relief are conspiring to create a renewed momentum for Bitcoin’s risk-on narrative.

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