Bitcoin and a series of cryptocurrencies increased sharply after good news for US - China trade

Long Nguyễn |

Bitcoin broke out strongly to more than 105,000 USD, causing the entire cryptocurrency market to flourish after positive information about the US - China.

At 6:12 a.m. this morning (Vietnam time), US President Donald Trump suddenly announced on the social network Truth Social that the US and China have had a bilateral meeting in Switzerland to rebuild trade relations.

He described it as a friendly but constructive dialogue, in which many issues have reached consensus notably expanding access to the Chinese market for US businesses.

Great progress has been made, he stressed.

Tuyen bo moi nhat cua ong Trump ve quan he thuong mai My - Trung tren mang xa hoi Truth. Anh chup man hinh.
Mr. Trump's statement on US-China trade relations on the social network Truth.

Immediately, the global financial market reacted positively. Bitcoin price skyrocketed to 105,000 USD, the highest level since the beginning of the year. At the same time, Ethereum (ETH) also broke out to $2,600, marking a strong recovery after many weeks of adjustment.

Global investors expect the improvement of US-China relations to be a positive signal for investment capital flows in risky assets, especially cryptocurrency.

The boom is not just at Bitcoin or Ethereum. In the top of large-cap cryptocurrency currencies, many names have recorded significant increases in the past 7 days:

NEAR Protocol (NEAR): Increased by 37%, currently reaching 3.31 USD

Avalanche (AVAX): Increased by 24%, trading at 25.5 USD

Solana (SOL): Increased by 22%, reaching 179 USD

The increase of these coin coins shows the return of investor confidence after a long period of gloom.

Keyword groups such as BTC price today, Bitcoin over 100,000 USD, Ethereum price increase, the cryptocurrency market is booming are currently leading the global search trend.

Note: In Vietnam, Bitcoin and other cryptocurrencies are not recognized as legal payment vehicles and are not protected by law. Investors need to be cautious, avoiding risks from strong price fluctuations and fraud related to cryptocurrency.

Long Nguyễn
TIN LIÊN QUAN

Bitcoin approaches $98,000, up nearly 24% in a month

|

Bitcoin price on the morning of May 8 continued to increase, reaching 97,803 USD/BTC, up 749 USD (+0.77%) compared to the previous session.

Bitcoin is gradually losing its position as digital gold

|

The direction of Bitcoin is increasingly similar to the stock market, becoming similar to traditional risk assets.

Bitcoin and a series of cryptocurrencies increased after Mr. Trump's statement

|

Bitcoin price reached 93,611 USD after US President Donald Trump announced the establishment of the Electronic currency Strategy Reserve Fund.

The journey to turn Ponagar Tower into a special national monument

|

Khanh Hoa - The Government has recognized Ponagar Tower as a special national monument.

Research on Vietnamese people playing casino after the pilot period

|

The Deputy Prime Minister requested to study special policies for the development of Phu Quoc Special Zone, allowing Vietnamese people to play casino after the pilot period.

Raising growth forecast for 2025, stocks welcome large cash flow

|

Many securities organizations and companies have increased their forecasts for Vietnam's GDP growth in 2025. The stock market flourished, large-cap stocks led the increase.

Continue to reorganize mass organizations assigned by the Party and the State

|

The Party Committee of the Vietnam Fatherland Front and Central organizations will lead and direct the continued reorganization of mass associations assigned by the Party and State to operate under the Vietnam Fatherland Front, in the direction of reducing the number, streamlining the internal apparatus, and operating practically and effectively.

Buying Vietlott lottery on the day of giving birth, a worker won more than 16 billion VND

|

A man has just received the Vietlott Jackpot 2 lottery draw Power 6/55 QSMT No. 01210 with a value of more than 16 billion VND.

Bitcoin approaches $98,000, up nearly 24% in a month

Thuận Hiền |

Bitcoin price on the morning of May 8 continued to increase, reaching 97,803 USD/BTC, up 749 USD (+0.77%) compared to the previous session.

Bitcoin is gradually losing its position as digital gold

Long Nguyễn |

The direction of Bitcoin is increasingly similar to the stock market, becoming similar to traditional risk assets.

Bitcoin and a series of cryptocurrencies increased after Mr. Trump's statement

Long Nguyễn |

Bitcoin price reached 93,611 USD after US President Donald Trump announced the establishment of the Electronic currency Strategy Reserve Fund.