US-China Trade
Bitcoin surges past $115,000 as markets anticipate fed rate cut
Cryptocurrency markets rallied on October 27, 2025, for a fifth consecutive session, with Bitcoin climbing above $115,000 and Ethereum surpassing $4,200. The surge was driven by expectations of a Federal Reserve interest rate cut on October 29 and a new US-China trade framework announced on October 26. Total market capitalization reached $3.92 trillion amid reduced volatility and short liquidations.
Crypto market suffers massive rout amid US-China tensions
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Bitcoin plunged below $110,000 on October 10, 2025, as US-China trade tensions triggered the largest single-day liquidation in crypto history. Over $19 billion in leveraged bets were wiped out, affecting 1.6 million traders. The event severed bitcoin's link to gold, making it behave like risk assets.
Bitcoin tops $113,000 as US-China trade talks progress
Bitcoin surged above $113,000 on Sunday, reaching its highest level in nearly two weeks, following positive developments in US-China trade negotiations. Top negotiators announced a preliminary consensus on key issues, easing fears of new tariffs. The broader cryptocurrency market rose 1.8%, reflecting improved risk appetite amid global market advances.