7 May 2025 | Bitcoin

Bitcoin gains ahead of US-China trade negotiations

Bitcoin gains ahead of US-China trade negotiations

On Wednesday, Bitcoin rose amid news of upcoming trade talks between the US and China. The flagship cryptocurrency hit $97,731, but its rally slowed afterward, according to Bloomberg.

US Treasury Secretary Scott Bessent and Trade Representative Jamison Greer are set to hold talks with Chinese officials in Switzerland. The news agency highlights that the upcoming negotiations have boosted market optimism about a potential easing in trade tensions between the world's two largest economies.

FalconX brokerage noted renewed interest in Bitcoin as markets anticipate positive outcomes from the trade talks. Meanwhile, investors are closely monitoring the Federal Reserve's interest rate decision, with the central bank's meeting scheduled for later Wednesday. Bloomberg analysts predict the US regulator will leave borrowing costs steady.

Elena Dorokhina MarketCheese
Period: 20.02.2026 Expectation: 1050 pips
AUDCAD correction may relieve technical tension before next leg up
Yesterday at 10:16 AM 27
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 20.02.2026 Expectation: 1130 pips
GBPUSD loses ground on lower expectations of Fed rate cuts
Yesterday at 08:07 AM 18
Gold buy
Period: 28.02.2026 Expectation: 12000 pips
Buying gold up to $5,100
Yesterday at 07:11 AM 37
Period: 19.02.2026 Expectation: 500 pips
Selling natural gas amid milder weather and higher production
12 February 2026 71
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 19.02.2026 Expectation: 18000 pips
Investing in ETHUSD on current slump before momentum picks up after selloff ends
12 February 2026 48
Period: 31.05.2026 Expectation: 2000 pips
Keep buying SPX
12 February 2026 40
Go to forecasts