#Dogecoin rose by 45%, #Bitcoin approached $106K.

Bitcoin surpassed $106,000 for the first time in two months, coming just one step closer at the beginning of Asian trading on Saturday, and the Crypto Markets showed a sharp rise amid the latest Ethereum network update.

“Traders believe that Crypto may have finally gained a second wind as a hedge against market uncertainty,” said Nick Rak, director of LVRG Research.

Bullish statements from President Donald Trump about the upcoming trade negotiations between the US and China also helped ease market jitters. The US and UK signed a new trade agreement that will eliminate mutual tariffs and reduce duties on American goods, further boosting sentiment in both the stock market and Crypto.

President Trump's optimism about trade talks with China this weekend eases fears of escalating the trade war, prompting traders to reallocate capital back into asset classes such as cryptocurrencies,” said Jeff May, “This could very well bring Bitcoin back to its historical high and potentially surpass it📈🚀.”

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