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#USChinaDeal Bitcoin price rises to $115,000 today on US-China trade optimism. Bitcoin rose on Monday, tracking a broader rally in risk-driven markets after the United States and China announced a framework agreement aimed at halting further escalation in their ongoing trade dispute. Risk appetite was also boosted by benign US inflation data, which fueled growing optimism that the Federal Reserve will cut interest rates at a meeting later this week. Bitcoin rose 3.5% to $115,504.0000 by 9:22 a.m. Saudi time, breaking out of the $100,000-$110,000 trading range seen for most of October. US-China trade optimism boosts cryptocurrencies. US and Chinese officials said over the weekend that they had reached a framework for a trade agreement, which will be built upon when Presidents Donald Trump and Xi Jinping meet later this week.
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