The trade agreement between China and the United States revives optimism:

After months of trade tensions, the United States and China have agreed to a 90-day pause in their trade war, following a two-day meeting in Geneva. The prolonged conflict has already impacted financial markets, including crypto.

The crypto market reacted positively to this latest development. Bitcoin surged above $104,000, marking its highest price in months, while Ethereum returned above $2,500. Dogecoin also recorded a 10% increase over the last 24 hours.