Bitcoin rose 3.3% to $97,078 early Wednesday, leading a broader crypto rally as traders welcomed signs of easing U.S.-China trade tensions, according to Barron's. The price surge followed Treasury Secretary Scott Bessent’s comments late Tuesday, signaling a desire to avoid economic decoupling with China. Investors interpreted the shift toward dialogue and away from escalating tariffs as a positive signal for risk assets. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will meet with Chinese officials in Switzerland this week to discuss trade tensions.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Big Clint rose 3.3% to $97,078 early Wednesday, leading a broader crypto rally as traders welcome
00:08signs of easing U.S.-China trade tensions. And according to Barron's, price search followed
00:13Treasury Secretary Scott Besson's comments late Tuesday signaling a desire to avoid economic
00:17decoupling with China. Investors interpreted the shift toward dialogue and away from escalating
00:22tariffs as a positive signal for risk assets. Treasury Secretary Scott Besson and U.S. trade
00:27representative Jamison Greer will meet with Chinese officials in Switzerland this week
00:32to discuss trade tension. For all things money, visit Benzinga.com slash GSTV.