Bitcoin experienced a massive surge today, climbing to $96,500 after news broke that China and the United States are resuming formal trade talks. The announcement injected fresh optimism into global markets, and the crypto sector responded instantly — not only Bitcoin, but also altcoins and memecoins posted significant gains.

🔹 Bitcoin Leads the Charge, Altcoins Follow

Just minutes after the announcement, Bitcoin jumped by over $1,700 in just 10 minutes. XRP gained 1% to $2.15, Cardano rose 3% to $0.679, and Dogecoin advanced 1.5% to $0.1721.

Analysts note that markets are reacting to the possibility of eased tensions between the world's two largest economies, which could benefit both traditional assets and cryptocurrencies alike.

🔹 US–China Talks: Diplomatic Reset in Switzerland

After months of escalating tariff conflict, US and Chinese representatives will meet in Switzerland this week. Leading the American delegation are Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer. Representing China is Vice Premier He Lifeng, the country's top official for US trade relations.

Both sides have issued official statements confirming the meeting and emphasizing the goal of reviving formal economic dialogue and avoiding further confrontation.

"The Vice Premier will meet with US Treasury Secretary Scott Bessent to discuss trade matters," said a spokesperson from China’s Ministry of Foreign Affairs.

🔹 Tariffs Still Loom: Trump’s Trade Measures Remain in Effect

These talks follow a period of aggressive tariff policies. Since President Trump’s return to office in January, the US has imposed up to 145% tariffs on Chinese imports, targeting tech, steel, and agriculture.

China retaliated with 125 new tariffs on US goods, including soybeans, semiconductors, and automobiles. The result has been severe disruption to trade flows and heightened volatility in the crypto market, especially for Bitcoin.

🔹 US Expands Talks: India and Malaysia Submit Proposals

In a broader effort to resolve global trade disputes, the US is engaged in economic talks with 17 other countries. As the 90-day deadline set by Washington approaches, India and Malaysia have submitted specific proposals:

🔹 India has offered zero tariffs in select sectors in exchange for easing of US measures

🔹 Malaysia reportedly made a similar offer, further boosting market confidence

According to Secretary Bessent, the US government is “taking the proposals seriously” and expects to announce major decisions soon that could impact both global markets and the crypto space.

"We are evaluating several proposals from key partners," Bessent said at a press conference. "We expect to announce important developments soon that could impact global markets."


📌 Summary:

Bitcoin surged in response to a diplomatic breakthrough between the US and China, which instantly boosted sentiment across altcoins and memecoins as well.

With trade negotiations back on track, the possibility of concessions, and reduced geopolitical tensions, the stage is set for continued crypto market growth — especially if the Trump administration reassesses its harsh tariff policies. Once again, crypto proves just how interconnected it is with global political developments.

#bitcoin , #CryptoNewss , #BTC , #usa , #china

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!

Notice:

,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“