Bitcoin surged above $95,000, a peak not seen in two months, as investors reacted to President Donald Trump's comments regarding U.S.-China trade negotiations. The cryptocurrency was priced at approximately $95,310, reflecting a nearly 2% increase. Market sentiment improved after Trump's suggestion of a potential thaw in U.S.-China relations amid softening tariffs. However, uncertainty remains as officials from both sides haven't reached definitive agreements. In the wake of potential tariff exemptions on Chinese goods, particularly semiconductors, analysts suggest that the prolonged trade war could be easing. This speculation aligns with a broader market rally, with the S&P 500 and Nasdaq showing gains. Despite these developments, consumer sentiment in the U.S. has declined for four consecutive months, signaling ongoing economic apprehension. Overall, Bitcoin's rise can be attributed to a complex interplay of trade negotiations and shifting market conditions that have investors cautiously optimistic.

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