Bitcoin’s price rose to 119,700 USD, surprising traders with a strong rally over the weekend due to favorable news from US-China trade discussions.
The discussions involve a possible 90-day pause on tariffs, which has contributed to a 17% increase in Bitcoin trading volume, reaching 56 billion USD.
As Bitcoin remains close to its all-time high of 123,091 USD, renewed institutional interest has been noted, especially following a buy signal from MicroStrategy.
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