Crypto Bull Run Intensifies as Global Geopolitical News Spurs Market Optimism
The crypto market saw a significant uptick over the weekend, fueled by a trio of positive geopolitical updates that revived investor optimism and sparked a renewed risk-on sentiment.
President Trump took to Truth Social to share an optimistic update about ongoing trade negotiations with China, which were taking place in Switzerland. “A very good meeting today, many things discussed, much agreed to,” he stated, describing the discussions as a “total reset” in U.S.-China relations, conducted in a “friendly, but constructive” manner. Trump expressed hope that these talks would open China to more American business, calling the progress made “GREAT!”
Adding to the positive sentiment, Trump also brokered a “full and immediate” ceasefire in the escalating India-Pakistan conflict, reducing tensions in the region and offering hope for stability.
The global optimism continued with Russian President Putin signaling his readiness for “serious talks” with Ukraine, suggesting negotiations in Turkey next week without preconditions—an unexpected development that boosted market confidence.
These developments led to a sharp surge in crypto prices. Bitcoin (BTC) rose above $105,000, reflecting a 1.5% increase in the past 24 hours. Meanwhile, Ethereum (ETH) maintained its bullish momentum, climbing 7.7%, continuing its outperformance in the market.
