$BTC Bitcoin (BTC) surged above USD $97,000 on Wednesday ahead of an anticipated monetary policy decision by the central bank of the United States and amid a series of geopolitically relevant events.

The price of the world's largest cryptocurrency rose to a local high of $97,600 —last seen on May 2— in the evening hours (ET) on Tuesday, after officials from the United States and China confirmed their plans to hold their first talks to discuss new trade agreements.