Bitcoin $BTC today: After the US-China trade talks, it remains stable around 104 thousand dollars;
Bitcoin US Dollar
0.15%
BTC/USD
0.11%
XRP/USD
2.21%
ETH/USD
1.52%
DOGE/USD
6.24%
ADA/USD
3.66%
MATIC/USD
2.06%
SOL/USD
0.89%
The world's largest cryptocurrency, BTC, has significantly changed at the level of 105,463.5 dollars.
The rise last week was largely driven by hopes for a US-UK trade framework agreement and talks with China.
Investors are also cautiously awaiting the US consumer price index (CPI) data to be announced on Tuesday.
This followed Washington and Beijing's announcement over the weekend that a trade agreement had been reached.
Although specific terms have not yet been announced, statements from both sides provided enough optimism for Bitcoin to remain at a high level. US Treasury Secretary Scott Bessent described the talks as "significant," while Chinese officials stated there was "a significant compromise."
However, traders remained cautious while waiting for concrete details of the agreement that could determine the sustainability of recent gains.
According to analysts, the crypto markets are benefiting from a wave of macro optimism. However, uncertainty regarding trade and fiscal policy will keep volatility high in the near term.
Altcoins traded largely mixed on Monday, moving in narrow ranges as cautious sentiment continued.
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The world's 2nd largest cryptocurrency, Ethereum, is down 0.4% at the level of 2,510.57 dollars.
The world's 3rd largest cryptocurrency, XRP, rose by 0.5% to reach 2.4003 dollars.
Solana rose by 0.3%, while Cardano advanced by 1.7%. Polygon, on the other hand, lost more than 2% of its value.
Among meme tokens, Dogecoin rose by 2.7%, while $TRUMP gained 0.6%.