US-China trade rapprochement: Bitcoin at $97,000

The softening of trade relations between the United States and China has contributed to the strengthening of risky assets on the American stock market. U.S. Treasury Secretary Scott Bessant stressed that the current tariffs and trade restrictions represent an unstable situation, but the United States does not intend to sever ties with China. He also announced his intention to travel to Switzerland to hold talks with Chinese representatives as early as next weekend.

On the Chinese side, a representative of the Ministry of Commerce noted that American officials had recently hinted at possible changes in tariff policy. And that they expressed their willingness to discuss these issues with China through various diplomatic channels. 

Beijing, taking into account global expectations, national interests, as well as the demands of American companies and consumers, carefully analyzed these signals and agreed to enter into negotiations with the United States.

Against the background of these events, the bitcoin exchange rate rose to $97,016, rising to $97,200 at its peak, and futures for the Nasdaq 100 and S&P 500 indices increased by about 1%.