The Bitcoin price rally extended to major altcoins over the weekend, with Ethereum and Dogecoin posting double-digit gains. Did you get that? Altcoin season confirmed.

The surge followed President Trump’s announcement of a “total reset” in U.S.-China trade relations after high-level talks in Geneva.

China bent the knee. They will buy 1 trillion kilos of basedbeans the next year.

-
Price
Market Cap
-
-
-

How U.S.-China Trade Talks Sparked Bitcoin Price Rally

High-level trade discussions between the U.S. and China marked a significant step in de-escalating heightened economic tensions. President Trump remarked positively on the talks, saying, “A very good meeting today with China, in Switzerland. Many things discussed, much agreed to. A total reset negotiated in a friendly, but constructive, manner.”

The comments fueled optimism in global markets, including cryptocurrency.

Alongside Bitcoin, altcoins rallied hard. Ethereum recorded a 10% price jump to $2,600, while Dogecoin surged over 21% to near $0.25.

(X)

After months of gridlock and secondhand anxiety over U.S.-China relations, signs of progress have reset investor expectations. The result: a sharp return to risk-on sentiment across global assets.

Bitcoin responded the way it usually does when the fear index drops: with a bullish leap to $104,000. Even a pessimistic FOMC wasn’t enough to knock down the price.

Broader Implications for the Crypto Market

Bitcoin isn’t the only one catching tailwinds. Ethereum is surprisingly back in the spotlight after many wrote it off thanks tobelief in its DeFi ecosystem and smart contract utility, while Dogecoin—still absurd, still adored—rides the momentum with its loyal following and cultural cachet.

Crypto’s days of being insulated from the outside world are over. When Trump talks trade, coins jump—meme or not.

That reflexivity is a sign of maturity. Hedge funds, asset managers, and even pension funds are watching these updates to pump their crypto bags as well.

What Lies Ahead for Bitcoin Price and Altcoins

Bitcoin’s once again over the $104K line, but momentum is a fickle thing. If confidence slips, corrections come quick—and altcoins will feel it too.

Behind the optimism, regulatory clarity and the Bitcoin armsrace still looms

EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Key Takeaways

  • The Bitcoin price rally extended to major altcoins over the weekend, with ETH posting double-digit gains. Altcoin season confirmed.
  • On Saturday, high-level trade discussions between the U.S. and China took place in Switzerland, marking a significant step in de-escalating heightened economic tensions.
  • For now, the debate about cryptocurrency’s place in America’s financial future is just beginning.

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Google News Icon
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Isaiah Mccall
Isaiah Mccall
Crypto Analyst

Isaiah McCall is an ultramarathon runner and journalist for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

Free Bitcoin Crash Course

  • Enjoyed by over 100,000 students.
  • One email a day, 7 days in a row.
  • Short and educational, guaranteed!
Back to top