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Bitcoin Nears $116K as Stocks Rally on Signs of Thaw in US-China Trade Tensions

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Bitcoin climbed 3.6% on Monday to cross $115k, as equities rallied and threat urge for food improved on indicators that commerce tensions between the US and China could also be easing.

The transfer set a firmer tone forward of every week filled with central financial institution choices and mega-cap earnings.

Crypto adopted equities greater. Total market worth rose 3.7% to $3.9 trillion. Ether rose 7% to $4,200, BNB added 2.8% to $1,149, and XRP rose 1.3% to $2.64.

Trump and Xi Set to Review Preliminary Trade Deal as Markets Eye De-Escalation

Over the weekend, senior US and Chinese financial officers outlined a framework that Presidents Donald Trump and Xi Jinping are anticipated to assessment later this week in South Korea.

A deal that pauses steeper US tariffs and Chinese uncommon earth export controls would assist calm nerves after months of escalating commerce threat.

Attention now turns to coverage conferences in Japan, Canada, Europe and the US. The Federal Reserve is broadly anticipated to chop rates of interest by 25 foundation factors after September inflation rose slightly less than forecast, though the federal government shutdown and its impact on information stay a priority for markets.

Cooling Inflation Strengthens Case for Rate Cut and Fuels Risk-On Momentum

Investors additionally face the busiest stretch of US earnings season. Microsoft, Apple, Alphabet, Amazon and Meta report in the approaching days, protecting focus on steadiness sheets which have anchored threat sentiment by way of 2025.

Expectations for a quarter-point reduce stay in play. The Fed’s benchmark price is seen transferring from 4.0% to 4.25% on Wednesday after the Consumer Price Index rose 3% yr on yr in September, under the three.1% consensus.

Cooling inflation and upbeat earnings prospects lifted cyclical publicity throughout portfolios. Treasury yields eased, the greenback steadied and gold noticed profit-taking as traders rotated again into development.

Institutional Interest Builds as Traders Rotate Toward Digital Asset Treasuries

In digital property, treasury positioning stayed in focus. Concerns round MicroStrategy’s development outlook contrasted with renewed institutional curiosity in names such as Metaplanet, BitMine, and Galaxy Digital.

Miners drew help from AI-infrastructure pivots and capital inflows, with merchants citing TeraWulf, CleanSpark and Iren as early beneficiaries.

Among majors, Solana, Jupiter, and Virtuals outperformed on ecosystem catalysts, whereas Tron and Ethena confirmed combined flows amid DeFi rotation.

For crypto desks, the trail of charges, the tone from US-China talks and the earnings scorecard will determine whether or not Bitcoin can construct on its push towards $120,000.

The submit Bitcoin Nears $116K as Stocks Rally on Signs of Thaw in US-China Trade Tensions appeared first on Cryptonews.

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