Bitcoin Reclaims $115,000 as US–China Trade Hopes Lift Markets
Analysis
Price Impact
HighBitcoin surged 3.5% over the weekend due to easing u.s.-china trade tensions, boosting global market risk appetite. bitcoin is increasingly viewed as a high-beta macro asset, reacting strongly to macro sentiment shifts.
Trustworthiness
HighInformation is sourced from reputable financial news outlets and includes insights from ceos of crypto technology and research firms, along with market sentiment data from myriad. it provides a balanced view, noting immediate drivers and long-term outlooks, as well as cautious on-chain metric analysis.
Price Direction
BullishThe immediate price movement is bullish due to renewed optimism from us-china trade talks. while some on-chain metrics haven't confirmed the rally, expert forecasts remain bullish for q4, citing global liquidity expansion, institutional inflows, and potential fed rate cuts.
Time Effect
ShortThe current rally is largely a 'reflexive move' driven by short-term macro sentiment and liquidity psychology, rather than a fundamental shift. upcoming events like the apec summit may introduce short-term volatility. however, the long-term outlook for q4 remains bullish according to analysts.
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Article Content:
In brief Bitcoin rose 3.5% over the weekend to $115,400 as optimism grew over easing U.S.–China trade tensions. Officials from both countries reached a preliminary framework in Malaysia, boosting risk appetite across global markets. Market sentiment on Myriad skewed toward “greed,” while analysts cautioned that on-chain activity hasn’t yet confirmed the rally. Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE Bitcoin and the broader crypto market surged over the weekend, fueled by potential de-escalation in the U.S.-China trade war. Bitcoin gained 3.5% on Sunday, rising from $110,960 to $115,400, before cooling slightly. The asset is currently trading at $115,235, per CoinGecko data. Bitcoin is still down about 6.5% from its October 6 all-time high $126,000. The renewed rally comes amid easing trade tensions between the world’s two largest economies. The U.S. and Chinese officials met in Malaysia over the weekend, resulting in a preliminary framework agreement described by both sides as a constructive step toward cooling the trade war . “Bitcoin’s weekend rally underscores how macro sentiment continues to steer digital assets,” Daniel Liu, CEO of Republic Technologies, told Decrypt . “The renewed optimism around U.S.-China trade talks has temporarily lifted risk appetite across markets, and Bitcoin, increasingly viewed as a high-beta macro asset, followed suit.” The reaction reveals more about liquidity psychology than trade fundamentals, Liu highlighted, suggesting there is no direct link between tariff negotiations and crypto demand. “What we’re really seeing is a reflexive move of traders pricing in a softer macro environment and looser financial conditions, not a structural shift in the U.S.–China dynamic,” Liu added. Users on the prediction platform Myriad, owned by Decrypt’s parent company Dastan, leaned toward market greed on Sunday, with sentiment spiking to 60% earlier in the day before easing to 57.4% versus 42.6% for fear. “Trump's renewed U.S.-China dialogue has positively influenced Bitcoin alongside other risk assets,” Daniel Kim, CEO of Tiger Research, told Decrypt . “This week's APEC summit will likely add to short-term volatility.” Although the U.S.-China trade war has lifted sentiment, on-chain metrics revealed vulnerability with key indicators like transaction count and active users not yet confirming the price rebound, leaving the near-term trajectory uncertain, according to Tiger Research’s Thursday report . Still, the report maintained a bullish view for the fourth quarter, with Tiger Research analysts forecasting a $200,000 target for Bitcoin, driven by global liquidity expansion, continued institutional inflows, and the Fed's rate-cutting stance. Daily Debrief Newsletter Start every day with the top news stories right now, plus original features, a podcast, videos and more. Your Email Get it! Get it!