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#CPI数据将公布# Bitcoin price today: Stable around $104,000 after US-China trade talks; details awaited.
Bitcoin traded sideways near three-month highs on Monday, supported by the easing of trade tensions after the US announced a deal with China. Investors are awaiting details of the deal, which is expected to be announced later in the day.
Bitcoin rose more than 9% last week, topping $100,000 on Thursday and reaching its highest level since late January 2025.
Last week’s rally was largely driven by hopes for a US-UK trade framework agreement and China talks.
Investors are also cautiously awaiting US consumer price index (CPI) data due on Tuesday.
Bitcoin Strong as Markets Await US-China Trade Deal Details
Sensitivity in broader risk assets, including cryptocurrencies, has soared after Washington and Beijing announced a trade deal over the weekend.
While terms have not yet been announced, statements from both sides have provided enough optimism for Bitcoin to remain bullish. The US Treasury Secretary described the talks as “substantial,” while Chinese officials said there was “substantial consensus.”
Traders, however, remained cautious as they awaited concrete details of the deal that could determine whether recent gains can be sustained.
Markets are also weighing President Donald Trump’s plan to sign an executive order that would slash US drug prices by up to 80%, raising concerns about global drug pricing and broader deflationary pressures.
Crypto markets are riding the wave of macro optimism, analysts say. However, uncertainty over trade and fiscal policy will keep volatility high in the near term.
Crypto price today: altcoins mixed in narrow range session
Altcoins were largely mixed on Monday, trading in narrow ranges as the cautious tone continued.
Ethereum fell 0.4% to $2,510.57.
XRP rose 0.5% to $2.4003.
Solana rose 0.3%, while Cardano was up 1.7%. Polygon fell more than 2%.
Among meme tokens, Dogecoin rose 2.7%, while $TRUMP gained 0.6%.