#BTCPrediction The Bitcoin (BTC) exchange rate has resumed attempts to rise. On the night of May 7, the price of the coin rose to $97.5 thousand. It had already reached this mark at the beginning of the month, but by the evening of May 6, it had dropped to $93.5 thousand before sharply rising by $4 thousand.

The rise in Bitcoin is linked to the news that the USA and China plan to hold trade negotiations. Analysts surveyed by Bloomberg noted that the rally followed the announcement of a planned meeting between US Treasury Secretary Scott Bessent and Chinese representatives this week in Switzerland, which gives hope that the two countries can reach an agreement that will ease market tensions.