- The price of Bitcoin rose on Thursday, continuing its gains from the previous session amid more signs of progress in U.S. trade relations, although traders remain tense ahead of a series of key U.S. economic data scheduled for later in the day.

The world's largest cryptocurrency appears to have broken out of the trading range between $103,000 and $108,000 on Wednesday, although it is still unclear whether this breakout can be sustained.

Bitcoin rose by 2.4% to $110,530 by 16:56 Saudi time. Broader cryptocurrency prices also advanced amid improved risk appetite. Strong overnight gains on Wall Street, where the S&P 500 reached a record high, helped boost sentiment

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