# **Bitcoin Reaches US$110 Thousand Again, Ready to Break New Highest Point?**
Bitcoin has once again set a record by surpassing the US$110,000 level on Tuesday (10/06) morning, driven by positive sentiment from trade negotiations between the United States and China.
Interestingly, Bitcoin (BTC) recorded an increase of 3.5% and nearly 5% over the week, indicating a strong recovery from previous pressures. The price of Bitcoin is now just slightly away from its all-time high of US$112,006 reached last month.
The surge in Bitcoin's price, supported by renewed optimism from US-China trade talks, has encouraged investors to take another look at digital assets. This reflects the influence of geopolitical developments and global economic conditions on Bitcoin's volatility.
*Disclaimer Alert. Not Financial Advice* (NFA). *Do Your Own Research* (DYOR).