Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (2,114)
  • Analysis (2,276)
  • Bitcoin (2,875)
  • Blockchain (1,757)
  • DeFi (2,074)
  • Ethereum (2,060)
  • Event (72)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (2,120)
  • Press Releases (10)
  • Reddit (1,530)
  • Regulation (1,989)
  • Security (2,752)
  • Thought Leadership (3)
  • Videos (43)
Hand picked
  • UK Retail Investors to Gain Access to Crypto ETNs
  • ZBT is available for exchange!
  • UK tax authority sends 65,000 crypto ‘nudge letters’ to suspected tax evaders
  • XRP Wallets Holding Over 10,000 Tokens Hit All-Time High Amid Price Recovery
  • BitMine is buying the dip again and has added $1.48 billion in ETH since the crash
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Security»Bitcoin approaches $ 97,000 while US-Chinese trade discussions
Security

Bitcoin approaches $ 97,000 while US-Chinese trade discussions

May 7, 2025No Comments
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Bitcoin optimized 24.jpg
Share
Facebook Twitter LinkedIn Pinterest Email


Join our Telegram Channel to stay up to date on the coverage of information on the breakup

Bitcoin jumped almost 3% to approach $ 97,000 after China and the United States announced their intention to resume trade negotiations this week, stimulating the feeling of investors through risks before the FOMC meeting today.

“I can’t wait to make productive discussions while we are working to rebalance the international economic system to better serve the interests of the United States,” said US Treasury Secretary, Scott Bessent, May 6 statement.

Understand the next phase of American -Chinese relations - Rajawali InstituteUnderstand the next phase of American -Chinese relations - Rajawali Institute

US and Chinese trade officials to meet in Switzerland

Trade officials China And the United States is expected to meet in Switzerland later this week. The discussions aim to reopen the dialogue between the following two weeks of the growth in tariff disputes.

Since Trump entered the White House for a second term in January, the United States imposed new prices totaling 145% on Chinese imports. In retaliation, China responded with its own 125% prices on American products.

This sparked a steep dive on the markets initially while investors fled risk assets, before a rebound that came after Trump reduced many prices on other nations and attenuated his rhetoric.

Thanks to @Potus“Leadership, the world renegotiates.

Prices and other commercial obstacles drop. We bring back strategic industries at home – from steel to semiconductors through medicine – and Americans will get a better deal.@Ingrahangle pic.twitter.com/mfa0lbddh8

– The secretary of the Treasury Scott Bessent (@sescottbessent) May 7, 2025

Trade negotiations now taking over the two largest economies in the world, the feeling of cryptographic investors has become more positive. THE Index for fear of crypto and greed is 67 years old, signaling “greed” on the market.

This marks an increase of 8 points in the last 24 hours and is a substantial improvement in relation to reading the “extreme fear” of 23 just a month ago.

Bitcoin and other top 10 Cryptos Climb

BTC Benefiting from improving feeling, its price reaching 24 hours higher than $ 97,000. He has since fallen at $ 96,928 at 4:04 a.m. Despite the retirement, Bitcoin is still up by almost 3% in the last 24 hours, according to Coinmarketcap.

Almost every 10 best cryptos followed Bitcoin’s advance. The chief of Altcoin Ethereum (ETH) and even Coin Titan Dogecoin (DOGE) saw their prices increase respectively by 1% and 2%.

XRP, BNB, Solana (Sol) and Cardano (ADA) also managed 24 -hour gains, with Tron (TRX) displaying a minor loss.

Related items:

Best wallet – diversify your crypto wallet

Best walletBest wallet
  • Easy to use cryptographic wallet, easy to use
  • Get early access to ICO to toys to come
  • Multi-chaînes, multi-walk, non-guardians
  • Now on the App Store, Google Play
  • Pape to win the native token $ the best
  • 250,000+ monthly active users

Best walletBest wallet


Join our Telegram Channel to stay up to date on the coverage of information on the breakup





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleTether secures 7.7 tons of gold to back $XAUT token. Audit confirms 1:1 backing with physical gold stored in Switzerland.
Next Article “The Big Short” coming for Bitcoin? Why BTC will erase $ 110,000

Related Posts

Security

BitMine is buying the dip again and has added $1.48 billion in ETH since the crash

October 19, 2025
Security

Adam Draper supports pro-Bitcoin candidate for California governor, Ian Calderon

October 19, 2025
Security

Mutuum Finance (MUTM) Progresses Towards Testnet Launch in Q4 2025 with $17.6M Raised

October 19, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Zebu Live 2025 Returns to London with Coinbase, Ripple, Binance, and More Leading the UK’s Web3 Revolution

October 17, 2025

London, UK, October 16th, 2025 — Zebu Live, London’s flagship Web3 summit, returns this October…

Event

WOW Summit Hong Kong 2025 Concludes, Cementing the City’s Status as a Global Tech Epicenter

October 15, 2025

Hong Kong once again became the heartbeat of global innovation as WOW Summit Hong Kong…

1 2 3 … 58 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

UK tax authority sends 65,000 crypto ‘nudge letters’ to suspected tax evaders

October 19, 2025

a16z Crypto invests $50 million in Solana’s Jito protocol

October 19, 2025

18 Wallets Get Rid of Astra Nova – Are Hackers Behind RVV’s 65% Crash?

October 19, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 109,251.27
ethereum
Ethereum (ETH) $ 4,015.22
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 1,120.50
xrp
XRP (XRP) $ 2.40
solana
Solana (SOL) $ 189.55
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 4,010.18
tron
TRON (TRX) $ 0.320688
dogecoin
Dogecoin (DOGE) $ 0.19722