Bitcoin rises to $88K as Trump’s Xi call fuels optimism across markets
Crypto Briefing
Bitcoin rebounded to $88K after Trump's positive comments about his call with Xi Jinping boosted market sentiment.Summary
Bitcoin climbed back to $88,000 on Monday, recovering from an earlier dip near $85,000, following positive remarks from former President Donald Trump regarding his call with Chinese President Xi Jinping. Trump described the call as "very good" on Truth Social, citing progress on multiple issues and reciprocal visits, which fueled optimism across risk assets. Equities also rallied, with the S&P 500 increasing by 1.5% and the Nasdaq gaining nearly 2%, while the broader cryptocurrency market rose by 2.2%.
(Source：Crypto Briefing)