#TradeStories

In a hearing before the House Financial Services Committee, US Treasury Secretary Scott Bessent revealed that negotiations with China will begin on May 10 in Switzerland. Contrary to earlier reports, Bessent noted that this is just the beginning of trade talks between both countries and not ‘advanced’ discussions.

As CoinGape reported, the Bitcoin price surged past $96,000 and even touched $97,000 following reports of a restart of trade talks between both countries. However, BTC quickly dropped below $97,000 following Bessent’s statement that the US-China trade talks haven’t advanced.

The US China trade war has been one of the highlights of Donald Trump’s tariffs and has continued to negatively impact the market. Both countries have raised tariffs to 145% and 125%, respectively.

However, Obol is building one of the biggest decentralized operator networks in Web3, with over 800 validators securing $1B+ on Ethereum.

It’s powering L1s, L2s, AVSs, and DePIN using modular tools like distributed validators and the Obol Stack. With $OBOL listing on bingX and other exchanges, it has seen a rise of 197% and trading at 0.2976.

Meanwhile, $STX is also showing promising signs, with a daily surge of 9.24%, bringing its price to $0.875. The price has moved above key moving averages, signaling a bullish reversal. The daily range is between $0.793 and $0.879, with strong momentum behind it. As both $KAITO and STX make headlines, there's growing excitement around these top gainers on #Binance .