No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, October 10, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Bitcoin Nears $97K As US-China Trade Talks Reignite Risk Appetite

by TheAdviserMagazine
5 months ago
in Cryptocurrency
Reading Time: 3 mins read
A A
Bitcoin Nears K As US-China Trade Talks Reignite Risk Appetite
Share on FacebookShare on TwitterShare on LInkedIn


Join Our Telegram channel to stay up to date on breaking news coverage

Bitcoin surged almost 3% to approach $97k after China and the US announced plans to resume trade negotiations this week, boosting investor sentiment across risk assets ahead of today’s FOMC meeting.

“I look forward to productive talks as we work towards rebalancing the international economic system towards better serving the interests of the United States,” US Treasury Secretary Scott Bessent said in a May 6 statement.

Understanding the next phase of US-China relations – Rajawali Institute

US And China Trade Officials To Meet In Switzerland

Trade officials from China and the US are set to meet in Switzerland later this week. The discussions aim to re-open dialogue between the two following weeks of growing tariff disputes. 

Since Trump entered the White House for a second term in January, the US has imposed new tariffs totaling 145% on Chinese imports. In retaliation, China responded with its own 125% tariffs on US goods.

This triggered a steep plunge in markets initially as investors fled risk assets, before a rebound that came after Trump dialed back many tariffs on other nations and eased his rhetoric. 

Thanks to @POTUS’ leadership, the world is renegotiating.

Tariffs and other trade barriers are coming down. We are bringing strategic industries back home — from steel to semiconductors to medicine – and Americans will get a better deal.@IngrahamAngle pic.twitter.com/mfa0LBDdH8

— Treasury Secretary Scott Bessent (@SecScottBessent) May 7, 2025

With trade talks now resuming between the world’s two biggest economies, crypto investor sentiment has turned more positive. The Crypto Fear and Greed Index stands at 67, signalling “Greed” in the market.

This marks an 8-point increase in the last 24 hours, and is a substantial improvement from the “Extreme Fear” reading of 23 just a month ago.

Bitcoin And Other Top 10 Cryptos Climb

BTC benefited from the improving sentiment, with its price reaching a 24-hour high above $97K. It has since pulled back to trade at $96,928 as of 4:04 a.m. EST. Despite the retracement, Bitcoin is still up almost 3% in the past 24 hours, according to CoinMarketCap. 

Almost all of the top 10 cryptos followed Bitcoin’s lead. Altcoin leader Ethereum (ETH) and meme coin titan Dogecoin (DOGE) saw their prices rise over 1% and 2%, respectively.

XRP, BNB, Solana (SOL) and Cardano (ADA) all managed 24-hour gains as well, with TRON (TRX) posting a minor loss.

Related Articles:

Best Wallet – Diversify Your Crypto Portfolio

Best WalletBest Wallet

Easy to Use, Feature-Driven Crypto Wallet
Get Early Access to Upcoming Token ICOs
Multi-Chain, Multi-Wallet, Non-Custodial
Now On App Store, Google Play
Stake To Earn Native Token $BEST
250,000+ Monthly Active Users

Best WalletBest Wallet

Join Our Telegram channel to stay up to date on breaking news coverage





Source link

Tags: 97KappetiteBitcoinNearsreigniteRisktalkstradeUSChina
ShareTweetShare
Previous Post

Simple Energy plans IPO by FY27, aims to raise Rs 3,000 cr

Next Post

Don’t chase defence stocks on sentiment; focus on fundamentals and export potential: Ashish Gupta

Related Posts

edit post
Roger Ver, ‘Bitcoin Jesus,’ Settles  Million Tax Fraud Case

Roger Ver, ‘Bitcoin Jesus,’ Settles $48 Million Tax Fraud Case

by TheAdviserMagazine
October 9, 2025
0

Roger Ver, widely known in the crypto world as “Bitcoin Jesus,” has reached a settlement with the U.S. Department of...

edit post
Luxembourg sets precedent with first eurozone Bitcoin allocation in national fund

Luxembourg sets precedent with first eurozone Bitcoin allocation in national fund

by TheAdviserMagazine
October 9, 2025
0

Luxembourg has become the first country in the Eurozone to invest in Bitcoin through its sovereign wealth fund, allocating 1%...

edit post
SCA Grants Bybit Full UAE License; Expansion Planned in Abu Dhabi and Dubai

SCA Grants Bybit Full UAE License; Expansion Planned in Abu Dhabi and Dubai

by TheAdviserMagazine
October 9, 2025
0

Bybit, a cryptocurrency exchange, has secured the Virtual Asset Platform Operator License from the Securities and Commodities Authority of the...

edit post
Why The Bitcoin Price Might Never Drop Below 0,000 Again

Why The Bitcoin Price Might Never Drop Below $100,000 Again

by TheAdviserMagazine
October 9, 2025
0

Crypto analyst PlanB has explained why the Bitcoin price may never drop below $100,000 again. This comes as market participants...

edit post
Bitcoin and Ether ETFs Extend Inflow Streak to 8 Days

Bitcoin and Ether ETFs Extend Inflow Streak to 8 Days

by TheAdviserMagazine
October 9, 2025
0

Bitcoin and ether exchange-traded funds (ETFs) notched their eighth consecutive day of inflows, bringing in $441 million and $69 million,...

edit post
Crypto Funds Flip Total 2024 Inflows At .7 Billion YTD

Crypto Funds Flip Total 2024 Inflows At $48.7 Billion YTD

by TheAdviserMagazine
October 9, 2025
0

Cryptocurrency investment products have reached a major milestone, with year-to-date (YTD) inflows surpassing the total gains recorded in 2024.Global crypto...

Next Post
edit post
Don’t chase defence stocks on sentiment; focus on fundamentals and export potential: Ashish Gupta

Don't chase defence stocks on sentiment; focus on fundamentals and export potential: Ashish Gupta

edit post
18-year-old founder raises €747K for AI startup Nia

18-year-old founder raises €747K for AI startup Nia

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
REITs and InvITs offer low-risk, mid-teen returns; ideal horizon is 5-10 years, says Embassy REIT CFO

REITs and InvITs offer low-risk, mid-teen returns; ideal horizon is 5-10 years, says Embassy REIT CFO

0
edit post
Streamlining Collaboration: How Law Firms Can Bridge the Gap Between In-Office and Remote Teams

Streamlining Collaboration: How Law Firms Can Bridge the Gap Between In-Office and Remote Teams

0
edit post
‘It’s kind of surreal that it happened to us’: Rural West Texas woman witnesses NASA space junk as it lands in her neighbor’s yard

‘It’s kind of surreal that it happened to us’: Rural West Texas woman witnesses NASA space junk as it lands in her neighbor’s yard

0
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

0
edit post
This ‘Strong Buy’ Stock Is Trading at New 20-Year Highs

This ‘Strong Buy’ Stock Is Trading at New 20-Year Highs

0
edit post
Poland’s PM Praises Man Accused Of Destroying Nord Stream Pipeline

Poland’s PM Praises Man Accused Of Destroying Nord Stream Pipeline

0
edit post
REITs and InvITs offer low-risk, mid-teen returns; ideal horizon is 5-10 years, says Embassy REIT CFO

REITs and InvITs offer low-risk, mid-teen returns; ideal horizon is 5-10 years, says Embassy REIT CFO

October 9, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
Asian shares: Asian shares dip at open, gold trades below ,000

Asian shares: Asian shares dip at open, gold trades below $4,000

October 9, 2025
edit post
‘It’s kind of surreal that it happened to us’: Rural West Texas woman witnesses NASA space junk as it lands in her neighbor’s yard

‘It’s kind of surreal that it happened to us’: Rural West Texas woman witnesses NASA space junk as it lands in her neighbor’s yard

October 9, 2025
edit post
Levi Strauss signals 6% organic net revenue growth for 2025 while raising EPS outlook (NYSE:LEVI)

Levi Strauss signals 6% organic net revenue growth for 2025 while raising EPS outlook (NYSE:LEVI)

October 9, 2025
edit post
Former Fed Governor Larry Lindsey withdraws name for Fed chair

Former Fed Governor Larry Lindsey withdraws name for Fed chair

October 9, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • REITs and InvITs offer low-risk, mid-teen returns; ideal horizon is 5-10 years, says Embassy REIT CFO
  • Baby Boomers Are Flocking to This Florida Town — but Not for the Weather
  • Asian shares: Asian shares dip at open, gold trades below $4,000
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.