Bitcoin Blasts Past $105,000 as U.S. and China Slash Tariffs!

Trade Deal Sparks Crypto Surge

Hang onto your hats, crypto fans! Bitcoin just rocketed over the $105,000 mark after the U.S. and China shook hands on a wild 90-day tariff rollback. Talk about a game-changer!

After a nail-biting weekend of marathon talks in Geneva, Switzerland, these economic giants cut a deal. The U.S. is slashing its tariffs on Chinese goods from a whopping 145% down to just 30%. Not to be outdone, China's dropping its tariffs on American imports from 125% to a mere 10%. And they're not stopping there—they've set up a new channel to keep the economic dialogue flowing.

Leading the charge in these crucial talks are China's Vice Premier He Lifeng, U.S. Treasury Secretary Scott Bessent, and U.S. Trade Representative Jamieson Greer. These heavyweights are steering the ship through these choppy economic waters.

This news is like a cool breeze on a hot day, especially with recession fears looming. Since the announcement, both the Chinese yuan and the U.S. dollar have been climbing. But it's the crypto market that's really feeling the heat, with Bitcoin riding this wave to heights not seen since the year kicked off.

Bitcoin didn't just tiptoe past $105,000—it smashed through it! Right now, the king of crypto is up 1.75% in the last 24 hours, trading at a sizzling $105,505. That's the highest it's been all day, folks!

With a market cap now at a staggering $2.09 trillion, up 1.76% in a day, Bitcoin's not slowing down. Its daily trading volume has jumped 17.8% since yesterday. This beast has been on a tear all month, soaring 25% in the last 30 days.

But Bitcoin's not the only one feeling the love. Other big players like Ethereum, Ripple, and Solana are also riding high. Ethereum's up over 2.7%, flirting with $2,600. Ripple's climbed 2.17% to $2.41, and Solana's up 1.6%. It's a party, and everyone's invited!