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Bitcoin Soars to Nearly $105K: Weekend Macro News Drives Crypto Surge

Bitcoin (BTC) surged to just under $105,000 over the weekend, marking its highest value since late January. The cryptocurrency saw a 1.5% increase over the past 24 hours, reaching $104,500. Ether (ETH) also experienced significant growth, rising by 7.7% during the same period. These gains were fueled by a series of positive macroeconomic developments. Key among these was the progress in U.S.-China trade talks, highlighted by a statement from President Trump describing the discussions as a “very good meeting” with “much agreed to.” Additionally, a ceasefire was announced between India and Pakistan, and Russian President Putin expressed openness to talks with Ukraine. These events contributed to the bullish trend in the crypto market over the weekend.

Source: www.coindesk.com

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