Today in crypto: Bitcoin, altcoins shine in broad market rally following China-US trade update
Cryptocurrency markets are charging into the week with renewed bullish momentum, fueled by surging institutional interest, growing ETF-driven demand—particularly around Bitcoin—and a wave of favorable trading clarity is driving renewed investor confidence.
Bitcoin (BTC) climbed to a peak of $104,900 on Saturday evening—just about 4% below its all-time high—following President Donald Trump’s announcement of progress in U.S.-China trade talks during a meeting in Switzerland.
“A very good meeting today with China, in Switzerland,” Trump posted on Truth Social, his social media platform. “Many things discussed, much agreed to. A total reset negotiated in a friendly, but constructive, manner.”
Bitcoin rallied on the heels of the news.
By early Sunday morning, the top cryptocurrency by volume hovered around $103,985.
And yet, altcoins managed to grab the spotlight as well. At last check, Ethereum marked one of its strongest daily performances in recent weeks, while meme coins roared back to life. See below.
| CRYPTOCURRENCY | PRICE | 24-HOUR GAINS +/- |
| Bitcoin | $103,985 | +0.7% |
| Ethereum (ETH) | $2,536.25 | +8.7% |
| Solana (SOL) | $176.76 | +3.7% |
| XRP (XRP) | $2.41 | +2.1% |
| Dogecoin (DOGE) | $0.24 | +14.9% |
| Shiba Inu (SHIB) | $0.00001641 | +8.8% |
Weekend highlights
- Trump trade, ETF inflows, wild price targets fuel Bitcoin bull run
- BlackRock met with SEC to discuss crypto staking, tokenization, and ETF rules
- China may help the US fight the deadly fentanyl epidemic to get a seat at the trade negotiation table
- Ethereum enters ‘rebuild era,’ Vitalik Buterin calls for cultural shift
- Senate crypto bill collapses: Is partisan divide or Trump’s digital fortune to blame?
- Visa backs stablecoin infra provider BVNK in strategic bet on stablecoin payments
Top gainers
| CRYPTOCURRENCY | PRICE | GAINS +/- |
| HashAI | $0.0006523 | +68.4% |
| Ether.fi | $1.25 | +63.9% |
| Quai Network | $0.1259 | +55.5% |
Further reading
This altcoin rally coincides with a decrease in Bitcoin’s market dominance to 63.89%, per TradingView.
Analysts interpret this as a sign of capital rotation into altcoins, suggesting the onset of an “altcoin season.” The ETH/BTC ratio has rebounded from its lowest levels since 2020, further supporting this trend.
Meanwhile, top U.S. and Chinese economic officials are expected to meet in Geneva for a second round of high-stakes trade talks to ease tensions from Trump’s escalating trade war.
The conflict has already led to steep tariffs—145% on Chinese goods and 125% on U.S. exports—disrupting global supply chains and prompting companies to seek alternatives.
According to the New York Times, economists warn the ongoing dispute could slow global growth, raise inflation, and push the U.S. toward a recession.
