Bitcoin BTC $96,155.13 Bitcoin -1.03% Market capitalization $1.91 trillion VOL. 24 hours $1.39 billion showed an increase to $ 97,000 during trading in Asia. This happened amid reports of a possible resumption of trade talks between the US and China, which temporarily calmed investors, although skepticism about a quick deal remains.
According to Chinese state media, Washington has initiated contacts with Beijing to discuss tariff policy. This signal had a positive impact on the entire crypto market: Dogecoin DOGE $0.18 Binance-Peg Dogecoin -2.11% Market capitalization $0.46 billion VOL. 24 hours $0.1 billion grew by 4%, while other major coins such as ADA $0.70 Cardano -1.17% Market capitalization $25.32 billion VOL. 24 hours $52.33 million , XRP $2.20 XRP -1.14% Market capitalization $128.59 billion VOL. 24 hours $0.14 billion , ETH $1,824.91 Bridged Ether (StarkGate) -0.51% Market capitalization $0.16 billion VOL. 24 hours $0.56 billion , and BNB $597.42 BNB -0.28% Market capitalization $87.16 billion VOL. 24 hours $62.91 million added 1−3%.
However, not all assets were in the black. The MOVE token lost 21% after the suspension of the company’s founder Rushi Manche was confirmed amid allegations of manipulation. Nevertheless, the overall market dynamics remain positive, in particular due to $ 1.5 billion of inflows into Bitcoin ETFs and activity in the altcoin and AI token sectors.
Flowdesk notes that interest is growing in both the spot and derivatives markets. Strong liquidity, growing trading volumes, and weekend activity point to further market strengthening. At the same time, demand for speculative altcoins and AI tokens has particularly picked up, supported by news from Kava Labs, which announced that it has reached the 100,000 user mark for its decentralized artificial intelligence platform.
Another factor of optimism was the announcement of a new initiative from Strategy, headed by Сейлор" href="https://noworries.news/biography/majkl-dzh-sejlor/" data-bio-id="3672">Michael Saylor. The company plans to raise $ 21 billion for further investments in BTC, which increases institutional interest in the market and expands its foundation.
Against this backdrop, analysts are increasingly talking about the possibility of Bitcoin reaching $ 100,000 in the near future if the macroeconomic situation remains favorable.