Bitcoin News Update: Cryptocurrency Markets Rally Amid Reduced Global Supply Chain Concerns Following US-China Trade Agreement

Cryptocurrency prices jumped as optimism grew over a tentative trade agreement between the U.S. and China, with leading digital coins rallying as concerns about global supply chains diminished. The overall value of the crypto market reached $3.83 trillion, rising 1.77% in a single day, as traders responded to what authorities called "successful" talks, according to a

. (BTC) climbed to $113,367, gaining 1.59%, while (ETH) and increased by 2.7% and 11% respectively over the past week, the TradingView article noted.

This progress occurred during President Donald Trump's first trip to Asia in his second term, where he finalized trade deals with Malaysia, witnessed a peace agreement between Thailand and Cambodia, and secured China's commitment to postpone rare earth export restrictions for a year while expressing willingness to negotiate a comprehensive trade pact to avoid the threatened 100% tariffs. U.S. Treasury Secretary Scott Bessent stated that the talks resulted in a "very substantial framework" to prevent further tariff hikes, adding that China plans to make "significant" purchases of American soybeans, as reported by

.

"President Trump provided me with strong leverage in negotiations through the tariff threat," Bessent remarked, mentioning that the framework paves the way for more in-depth trade discussions, according to Finbold. The agreement follows a period of turbulence after Trump’s October 10 tariff warning, which erased $200 billion from the crypto market within hours, as detailed in a

.

Bitcoin’s surge above $113,000 marked its highest point in ten days, with experts pointing to renewed buying momentum despite low trading activity ahead of the Federal Reserve’s upcoming meeting, the TradingView report indicated. Ethereum broke past $4,000 for the first time since early October, while

(SOL) advanced 3.7% to $197.70, according to Coinotag. , (ADA), and (DOGE) also moved higher, signaling widespread investor confidence.

The easing of trade tensions has reduced worries about a prolonged U.S.-China dispute, which has historically weighed on riskier assets. Economists point out that resolving these issues removes a major obstacle for global markets, especially for cryptocurrencies that are highly responsive to macroeconomic developments, as mentioned in a

. "This framework addresses one of the most significant global supply chain threats, giving markets more clarity as the year draws to a close," an analyst commented in the TradingView report.

Industry experts remain upbeat, with Bitwise’s Jeff Park forecasting new record highs for Bitcoin if the trade agreement is finalized and the Federal Reserve shifts to a more accommodative policy, according to Coinotag. Crypto analyst Anthony Pompliano cautioned that prices could become extremely volatile if the deal is completed and interest rates are cut, Coinotag also reported. The Coinotag article further suggested that institutional investors could benefit, as stable trade relations may encourage greater blockchain use in sectors like logistics and finance.

Still, strategists urge caution. The upcoming Trump-Xi summit in South Korea is seen as pivotal, with both leaders under pressure at home to achieve concrete results, CoinRepublic noted. "The agreement is more fragile than it seems," one strategist warned, adding that a collapse could quickly bring back market turbulence, as CoinRepublic highlighted.

By late Sunday, the crypto market’s relief rally showed no signs of slowing. Bitcoin remained above $113,500, while alternative coins such as Hyperliquid (HYPE) jumped 14.6%. Traders are now considering whether the improved trade relations will lead to lasting gains for risk assets as the Federal Reserve meeting approaches, according to a

.