Well, would you look at that! Bitcoin has surged to a spectacular $97,500, all thanks to the dazzling news that the US and China have decided to “talk” again. Yes, the long-awaited resumption of formal trade negotiations between the two superpowers has finally happened this week. This marks the first official pow-wow since President Donald Trump decided to play hardball and slap those tariffs on Chinese imports. Classic Trump move, really.
The crypto market wasted no time in responding. Ethereum shot past $1,800 faster than a caffeinated squirrel on a sugar high, all within three hours of the announcement. Meanwhile, the altcoins couldn’t bear to be left out of the party. Ripple edged up 1% to $2.15 (because, why not?), Cardano increased by 3% to $0.679 (sure, why not a little more?), and Dogecoin made its usual attempt to make us all believe it’s more than a joke, rising by 1.5% to $0.1721. Because, you know, the meme never dies.
Experts (the ones with degrees, probably) say the market rally is all about the hope that the never-ending drama between the US and China might finally come to a resolution. And with that, the global economic risk might just decrease. Because obviously, one good chat over Swiss chocolate will solve all of humanity’s problems, right?
Leading the US delegation will be the ever-dignified Treasury Secretary, Scott Bessent, while China will send its Vice Premier, He Lifeng, to do the diplomatic tango. The talks are set to take place in Switzerland later this week, because nothing says “serious negotiations” like a neutral country and an absurdly expensive chocolate bar.
The Chinese Foreign Ministry has officially announced that He and Bessent will meet to discuss trade. And guess what? The US side has also confirmed that Greer (whoever that is) will sit down with his Chinese counterpart to talk shop. Let’s hope they don’t get distracted by the view or the cheese fondue.
If the negotiations are successful (don’t hold your breath), analysts predict that the crypto and stock markets might just see a further rally. Investors everywhere are holding their breath, staring at their screens, hoping for global tension to ease. Bitcoin, ever the drama queen, remains sensitive to any hint of positivity in the global market. Who knew digital currency could be so needy?
Read More
- Does Oblivion Remastered have mod support?
- Thunderbolts: Marvel’s Next Box Office Disaster?
- To Be Hero X: Everything You Need To Know About The Upcoming Anime
- 30 Best Couple/Wife Swap Movies You Need to See
- DC: Dark Legion The Bleed & Hypertime Tracker Schedule
- Clair Obscur: Expedition 33 ending explained – Who should you side with?
- Summoners War Tier List – The Best Monsters to Recruit in 2025
- Elder Scrolls Oblivion Remastered: Best Paladin Build
- Clair Obscur: Expedition 33 – All Act 3 optional bosses and where to find them
- Skeet Ulrich Reportedly Set to Return For ‘Scream 7’
2025-05-07 07:23