Bitcoin Price Holds Steady at $113K as US-China Trade Deal Optimism Grows

Bitcoin (BTC) is currently consolidating around the $113,000 price level as cryptocurrency markets await potential developments in US-China trade negotiations. Market analysts observe that Bitcoin's stability at this key psychological level indicates cautious optimism among investors. The digital asset's performance remains closely tied to macroeconomic factors, with traders monitoring how a potential trade agreement between the world's two largest economies could impact cryptocurrency valuations and global market sentiment.