Bitcoin surges after US and China agree on key trade issues in Kuala Lumpur talks
Crypto Briefing
Bitcoin surged past $113,000 after the US and China agreed on a trade framework in Kuala Lumpur talks.Summary
Bitcoin climbed to $113,829 following talks in Kuala Lumpur where the US and China agreed on a framework to resolve key trade issues. US Treasury Secretary Scott Bessent confirmed the agreement prevents the US from imposing 100% tariffs on Chinese goods and delays new export controls on rare earth minerals. This breakthrough eased market tensions that had previously caused Bitcoin to dip below $104,000. Following the positive trade news, the total crypto market capitalization reached $3.9 trillion, with Bitcoin nearing $114,000 and Ethereum crossing $4,000.
(Source：Crypto Briefing)