Bitcoin's price has surged above $97,000 as traders express optimism regarding a potential trade deal between the U.S. and China. This price movement reflects a broader positive sentiment in the market, with other cryptocurrencies, including Dogecoin, also witnessing gains, showing an uptick of 4%. The optimism surrounding international trade negotiations appears to be influencing market dynamics significantly, impacting both Bitcoin and other altcoins. As traders speculate on the outcomes of these high-stakes talks, the cryptocurrency market continues to respond robustly, with Bitcoin reaching significant milestones again.

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