#Bitcoin price briefly went above $93,500 due to positive market sentiment. This was caused by:

- *Easing trade war fears:* The US and China seemed to be taking a softer stance on their trade dispute.

- *US monetary signals:* There were reports that President Trump might not fire the Federal Reserve Chair, which calmed markets.

This led to a surge in demand for riskier assets like Bitcoin and gold. Bitcoin rose by 4.7% and gold saw a sharp price swing, with some analysts seeing it as a sign of investors moving money into digital assets.