May 11, 2025 | By Binance Square Contributor
Bitcoin surged over the weekend, approaching the $105,000 mark amid a wave of optimism driven by encouraging macroeconomic developments.
Markets responded favorably to remarks from U.S. President Donald Trump regarding trade negotiations with China. In a statement, Trump said, “Many things discussed, much agreed to,” signaling a potential thaw in economic tensions between the two global superpowers.
This news sparked bullish sentiment across financial markets, with Bitcoin leading the crypto charge. Investors are interpreting the diplomatic progress as a green light for risk-on assets, further boosting confidence in digital currencies as a hedge against macro uncertainty.
Key Takeaways:
$BTC approaches $105K following positive weekend headlines.
Trump signals progress in U.S.-China trade talks.
Broader market sentiment turns bullish on macro easing.
