Bitcoin Jumps Above $97K as Traders Optimistic U.S.-China Trade Deal Possible
What to know: Bitcoin is trading above $97K as optimism grows over potential U.S.-China trade talks, despite skepticism about a deal being reached soon. Market observers see $100K bitcoin as achievable, driven by strong liquidity, institutional demand, and speculative altcoin activity. AI tokens are gaining traction, with Kava Labs reaching 100K users, highlighting the appeal of decentralized and transparent AI platforms. Bitcoin (BTC) is trading above $97,000 during the Asian morning hours as the market breathes a sigh of relief that the U.S. and China are said to be working on a trade deal, even if the market is also skeptical that a deal will be reached this month. #AltcoinETFsPostponed #BTC #ETH #bnb #Binanace