Bitcoin is currently consolidating at $113,000 as discussions of a potential trade deal between the U.S. and China loom. This consolidation comes amid ongoing fluctuations in the cryptocurrency markets. Investors are closely monitoring the situation, as any developments in the trade negotiations could significantly impact market sentiment. The anticipation surrounding the trade deal has created a cautious atmosphere among traders, who are weighing the potential implications for Bitcoin and other cryptocurrencies. As the market adjusts to these dynamics, analysts suggest that Bitcoin’s stability at this price point may reflect broader economic concerns.
