The global cryptocurrency market rose on Saturday after the United States and China reached an early framework agreement on trade issues. The announcement followed what officials described as “successful” talks, which lifted the total crypto market capitalization to $3.83 trillion, up 1.77% in the past 24 hours.
The breakthrough came during President Donald Trump’s first Asian tour of his second term. He signed a trade deal and a crucial minerals pact with Malaysia, while also overseeing a peace declaration between Thailand and Cambodia. Meanwhile, China has agreed to delay export controls on rare earths for a year and is reportedly ready to take steps toward a formal trade deal that would remove Trump’s 100% tariff threat.
Economists say the decision has reduced one of the biggest global supply chain risks, giving financial markets a clearer path to the end of the year.
Bitcoin remains strong above $113,000
Bitcoin (BTC) traded around $113,367, up 1.59% in the past 24 hours. Market volume remained relatively low at $23 billion, which analysts say is typical ahead of the FOMC meeting scheduled for next week.
Despite quieter weekend trading, Bitcoin continues to show strength above key support levels. The asset has regained its value territory since July, indicating that buyers remain in control. Analysts expect a temporary dip below $110,000 before a move towards $114,000 and possibly $116,000-$117,000 if momentum remains intact.
Ethereum (ETH) rose to $4,049, up 2.7% over the past day, and XRP maintained its recent momentum, jumping to $2.64 after rising 11% this week. Other leading tokens also advanced. BNB traded at $1,134, Solana (SOL) climbed to $197.70, Cardano (ADA) reached $0.67 and Dogecoin (DOGE) rose to $0.20.
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