- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Bitcoin Nears $97K As US-China Trade Talks Reignite Risk Appetite
By: cryptosheadlines|2025/05/08 08:45:02
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Join Our Telegram channel to stay up to date on breaking news coverageBitcoin surged almost 3% to approach $97k after China and the US announced plans to resume trade negotiations this week, boosting investor sentiment across risk assets ahead of today’s FOMC meeting.“I look forward to productive talks as we work towards rebalancing the international economic system towards better serving the interests of the United States,” US Treasury Secretary Scott Bessent said in a May 6 statement.US And China Trade Officials To Meet In SwitzerlandTrade officials from China and the US are set to meet in Switzerland later this week. The discussions aim to re-open dialogue between the two following weeks of growing tariff disputes. Since Trump entered the White House for a second term in January, the US has imposed new tariffs totaling 145% on Chinese imports. In retaliation, China responded with its own 125% tariffs on US goods. This triggered a steep plunge in markets initially as investors fled risk assets, before a rebound that came after Trump dialed back many tariffs on other nations and eased his rhetoric. Thanks to @POTUS’ leadership, the world is renegotiating.Tariffs and other trade barriers are coming down. We are bringing strategic industries back home — from steel to semiconductors to medicine – and Americans will get a better deal.@IngrahamAngle pic.twitter.com/mfa0LBDdH8— Treasury Secretary Scott Bessent (@SecScottBessent) May 7, 2025With trade talks now resuming between the world’s two biggest economies, crypto investor sentiment has turned more positive. The Crypto Fear and Greed Index stands at 67, signalling “Greed” in the market. This marks an 8-point increase in the last 24 hours, and is a substantial improvement from the “Extreme Fear” reading of 23 just a month ago.Bitcoin And Other Top 10 Cryptos ClimbBTC benefited from the improving sentiment, with its price reaching a 24-hour high above $97K. It has since pulled back to trade at $96,928 as of 4:04 a.m. EST. Despite the retracement, Bitcoin is still up almost 3% in the past 24 hours, according to CoinMarketCap. Almost all of the top 10 cryptos followed Bitcoin’s lead. Altcoin leader Ethereum (ETH) and meme coin titan Dogecoin (DOGE) saw their prices rise over 1% and 2%, respectively. XRP, BNB, Solana (SOL) and Cardano (ADA) all managed 24-hour gains as well, with TRON (TRX) posting a minor loss. Related Articles:Best Wallet – Diversify Your Crypto Portfolio Easy to Use, Feature-Driven Crypto WalletGet Early Access to Upcoming Token ICOsMulti-Chain, Multi-Wallet, Non-CustodialNow On App Store, Google PlayStake To Earn Native Token $BEST250,000+ Monthly Active Users Join Our Telegram channel to stay up to date on breaking news coverageSource link
You may also like
Aster Chain officially launches: defining a new era of on-chain privacy and transparency
The privacy-focused trading ecosystem Aster, supported by YZi Labs, announced today that the Aster Chain mainnet is officially launched.
Stargate Debut Illustrated: The 1.4 Trillion Computing Power Empire Dream, Awakened
One Year Plus, Zero Employees, Zero Code
A Billion-Dollar Life Buy Threat Triggered by an Iranian Missile
One Word Change by a Reporter Can Make Gambler Win Millions
BlackRock Launches ETHB: Ethereum ETF Enters 'Interest-Bearing Age'
The BlackRock ETHB is not the first Ethereum ETF in the United States, but it is taking the most standard route.
Nvidia Starts Putting Chips in the Road | Rewire News Evening Update
Huang Renxun said this is the "ChatGPT Moment of Autonomous Driving"
RootData: February 2026 Cryptocurrency Exchange Transparency Research Report
This month's cumulative spot trading volume on cryptocurrency exchanges has decreased slightly by 4.7% compared to January, which is the result of multiple factors including market conditions, the macro environment, and the Spring Festival holiday in Chinese-speaking regions.
「One and Done SEA」, so OpenSea chooses to wait a little longer
It's already Q1 2026, and we're still waiting for OpenSea to launch its token.
Ray Dalio: The Resolution of the US-Iran Conflict Is In the Strait of Hormuz
In war, the ability to endure pain is often more important than the ability to inflict pain.
In just 70 days, Polymarket easily raked in tens of millions in fees
The money printer is running, and the future ceiling only depends on two main variables.
Matrixdock is launching the Silver Token XAGm, built on the FRS standard as an on-chain silver-backed asset.
In the future, Matrixdock will continue to expand to include more high-quality real-world assets, driving the development of a more transparent and robust on-chain reserve asset system.
a16z: The Hardest Enterprise Software, and the Greatest Opportunity in AI
The world will continue to run on SAP, but AI will reshape it
Polymarket Market-Making Bible: Pricing Spread Formula
This article presents a comprehensive market-making pricing framework that will elevate you from "guesstimate pricing spread" to "formula-based pricing spread."
Ray Dalio: If the United States loses Hormuz, it will lose more than just a war
In war, who can endure pain better is often more important than who can inflict pain better.
How to Earn Up to 40% Rebates on Crypto Futures Trading (WEEX Trade to Earn IV Guide)
WEEX Trade to Earn IV lets traders earn up to 40% fee rebates in real time through a tiered miner system tied to trading activity. With additional boosts from referrals, it offers a more reliable alternative to airdrops as the crypto market gains momentum.
NVIDIA Plays Trillion-Dollar Chess Game | Rewire News Morning Edition
DGX Station, a desktop workstation capable of running trillion-parameter models
Real-time Update | NVIDIA GTC 2026 Conference Highlights Galore
The most anticipated annual event in the AI field, NVIDIA's GTC 2026 Conference, kicked off today in San Jose, California, USA.
People Behind Pokémon Go: Started with CIA's Money, Now Mapping the World for the Military AI
The security of data depends on whose hands it ends up in.
Huang Renxun GTC Speech Full Text: By 2027, Market Demand Will Exceed $1 Trillion; Everyone Should Develop an OpenClaw Strategy
The underlying business logic driving future growth will be the "Tokenomics of a Platform Factory."
Aster Chain officially launches: defining a new era of on-chain privacy and transparency
The privacy-focused trading ecosystem Aster, supported by YZi Labs, announced today that the Aster Chain mainnet is officially launched.
Stargate Debut Illustrated: The 1.4 Trillion Computing Power Empire Dream, Awakened
One Year Plus, Zero Employees, Zero Code
A Billion-Dollar Life Buy Threat Triggered by an Iranian Missile
One Word Change by a Reporter Can Make Gambler Win Millions
BlackRock Launches ETHB: Ethereum ETF Enters 'Interest-Bearing Age'
The BlackRock ETHB is not the first Ethereum ETF in the United States, but it is taking the most standard route.
Nvidia Starts Putting Chips in the Road | Rewire News Evening Update
Huang Renxun said this is the "ChatGPT Moment of Autonomous Driving"
RootData: February 2026 Cryptocurrency Exchange Transparency Research Report
This month's cumulative spot trading volume on cryptocurrency exchanges has decreased slightly by 4.7% compared to January, which is the result of multiple factors including market conditions, the macro environment, and the Spring Festival holiday in Chinese-speaking regions.
App