Bitcoin, Ethereum And XRP Rally As US-China Trade Breakthrough Lifts Global Markets
The global cryptocurrency market climbed on Saturday after the United States and China reached an early framework agreement on trade issues. The announcement followed what officials described as “successful” talks, lifting the total crypto market cap to $3.83 trillion, up 1.77% in the last 24 hours.
The breakthrough came during President Donald Trump’s first Asian tour of his second term. He signed a trade deal and a critical minerals pact with Malaysia while also overseeing a peace declaration between Thailand and Cambodia. Meanwhile, China agreed to delay rare earth export controls by one year and is reportedly ready to move toward a formal trade deal that would remove Trump’s 100% tariff threat.
Economists say the decision has eased one of the biggest global supply chain risks, giving financial markets a clearer path heading into year-end.
### Bitcoin Holds Strong Above $113,000
Bitcoin (BTC) traded near $113,367, up 1.59% over the past 24 hours. Market volume remained relatively low at $23 billion, which analysts view as typical ahead of the Federal Open Market Committee (FOMC) meeting scheduled for next week.
Despite quieter weekend trading, Bitcoin continues to show strength above key support levels. The asset has reclaimed its value area low from July, signaling that buyers remain in control. Analysts expect a temporary dip below $110,000 before a move toward $114,000 and possibly $116,000–$117,000 if momentum stays intact.
Ethereum (ETH) rose to $4,049, up 2.7% over the past day, while XRP maintained its recent momentum, jumping to $2.64 after an 11% gain this week. Other leading tokens also advanced:
– BNB traded at $1,134
– Solana (SOL) climbed to $197.70
– Cardano (ADA) reached $0.67
– Dogecoin (DOGE) rose to $0.20
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