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.
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.
