$BTC Bitcoin surged following the announcement by U.S. and China trade representatives of a planned “warming” meeting in Switzerland this weekend, marking the first such talks since the onset of the trade war with China initiated by U.S. President Donald Trump.

As a reminder, the politician’s initiative triggered a stock market crash and a drop in Bitcoin’s price to $75,000 earlier this year.

$BTC As clearer agreements take shape and market sentiment improves, the markets have since recovered from the decline.