The US-HINA Trade Dialogue is a reignite rish rish rish appetite for $ 97K for Bitcoin.

Bitcoin has raised investors’ feelings for risk assets before today’s FOMC meeting after China and the United States announced their plans to resume trade negotiations this week.

US Treasury Secretary Scott Bessent said on May 6 that “we are looking forward to productive dialogue to reorganize the international economic system for the benefit of the United States.” name.

US and Chinese trade officials in Switzerland

Trade official china And the United States will meet in Switzerland later this week. This discussion should reopen the dialogue between two weeks, where tariff disputes are larger.

Since Trump entered the White House for the second term in January, the United States has imposed a total of 145%of a 145%new tariff on China’s imports. In retaliation, China responded with a 125%tariff on US products.

This resulted in a steep plunge in the market when investors ran away from risky assets before Trump regained a lot of tariffs on other countries and relaxed his investigation.

thank you @potus‘Leadership, the world is renegotiated.

Customs and other trade barriers are coming down. We bring strategic industries home from steel to semiconductor and medicine, and Americans will get a better deal.@ingrahamangl pic.twitter.com/mfa0lbddh8

-Scott Bessent (@secscottbessent) May 7, 2025

As the trade dialogue between the two largest economies in the world now resumes, encryption investors have changed more positively. that Encryption fear and greed index At the age of 67, which represents “greed” in the market.

This is an 8 -point increase in the last 24 hours, and it is a significant improvement in the “extreme fear” reading of 23 a month ago.

Bitcoin and other TOP 10 CRYPTOS climbs

BTC The price was more than $ 97K, reaching a 24 -hour price, which benefited from improved emotions. After that, we withdrew the transaction to $ 96,928 at 4:04 am. Despite recovery, Bitcoin has still increased almost 3% over the last 24 hours. Coinmarketcap.

Almost everything in the top 10 Crypto followed Bitcoin’s lead. Altcoin Leader Ethereum (ETH) and Meme Coin Titan Dogecoin (DOGE) have risen by 1% and 2%, respectively.

The XRP, BNB, Solana (SOL) and Cardano (ADA) were both 24 hours gain. TRON (Trx) posts minor losses.

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