May 2, 2025
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Bitcoin Jumps Above $ 97k As Traders Optimistic US-CHINA TRADE DEAL POSSIBLE

But Bettors Are Skeptical That A Trade Deal Can Be Reached Before June.”, – WRITE: www.coindesk.com

Bitcoin Jumps Above $ 97k As Traders Optimistic US-CHINA TRADE DEAL POSSIBLEBut Bettors Are Skeptical That A Trade Deal Can Be Reached Before June.Updated May 2, 2025, 5:17 AM PUBLISHED MAY 2, 2025, 5:04 AM

Bitcoin (BTC) Is Trading Above $ 97,000 Dringing The Asian Morning Hours as the Market Breathes a sight of Relief That Us and China Are Said to Be Working on a trade Deal, Even. Deal will be reaured this month.

(Coindesk)“The US HAS PRACTIVELY REACHED OUT to China Through Multiple Channes, Hoping to Hold Discussions on the Tariff Issue,” China State Media posted on Social Media.

Dogecoin (Doge) Led Gains Among Majors With A 4% Rise in The Past 24 Hours. Cardano’s ADA, XRP, Ether (ETH) and BNB Rose Between 1-3%, with The Broad-Based Coindesk 20 (CD20) RISING 2.2%.

Movement’s Move Extended Losses to 21% As the Company ConfirMed Founder Rushi Manche Had Been Suspended Following A Coindesk Exposé of Possible Token Manipulation Involving.

On Polymarket, Bettors Are Skeptical That A Deal Will Come MONTH, GIVING IT ONLY A 20% CHANCE OF HAPPENING BY JUNE. Bettors Are Likely Conceerned That Hawkish Rhetoric From The White House Means a Deal May Take Longer than A MONTH TO BE REACHED.

The Speed ​​and Intensity of the Tariffs the White House AnnununCed Earlier Iterlier Itar Panar Panicked The Market, Leading to a Signifying Drop in Btc’s Price, But, But, But, But, But, But, But, Bt. Agenda.

Other Crypto Metrics Are Looking Healthy, Market Observers Say, Putting $ 100k Bitcoin in Sight.

“Momentum Continues to Build Across Crypto with Spot Flows Broadling, Alt Activity Heating Up and Subtle But MeaningFul Shifts in Market Structure,” Trading and TEESHNology Market Note.

“As Btc Ranges Above $ 90k, Undercurrents of Risk Appetite Are Growing Stronger with Spot and Deriveative Markets. Liquidity Remains Strong WitH, Surging Volumes, Surg. Altcoin Depth.

The Market is Also Likely Optimistic About Strategy’s Continued BTC Buys, and Push Towards Further Institutionalization.

As Coindesk Recently Reported, Michael Saylor AnnunCed that Strategy Is Raising $ 21 Billion For More Btc Buys.

In a recent note, Presto Research SAID INVESTORS are increasingly iMpressed by strategy’s growing institlational sophistication, Highlighted by new valination framework ITS FIXED-INCOME INSTRUMENTS.

KAVA MILISTONE PUSHES AI TOKENS HIGherArtificial Intelligence (AI) Tokens Are In the Green on Friday as the Market Reacts Positively to News from Kava Labs that It Hit 100k USERS OF ITS DECENTRALIZED AI PLATM.

Data from Coingcko Shows the Market Segment is up 3%, Beating the Coindesk 20, A Measure of the Performance of the Largest Digital Assets, Which Is Up By 1.8%.

“People are turning to kava ai because It Offers Two Things Most Platforms Don’t, Verifiability and Privacy,” Kava Labs’ Scott Stuart Said to Coindesk in An Email. “That includes users who are deeply embedded in Web3 as Well as Those Simply Seeking An Alternative to Opaque, Centralized AI Systems.”

Interest in Kava and Decentralized AI Growing Globally, Stuart Said, As More USers Recognize the Value of ai that’s Both Decentralized and Transparent Corporations.

Sam Reynolds

Sam Reynolds is A Senior Reporter Based in Asia. Sam Was Part of the Coindesk Team that Won the 2023 Gerald Loeb Award in the Breaking News Category for Covers of FTX’s Collaps. Prior to Coindesk, He Was A Reporter with BlockWorks and A Semiconductor Analyst with IDC.

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Sam Reynolds

Shaurya Malwa

Shaurya is the co-leader of the coindesk tokens and data team in asia with a focus on crypto derivatives, Defi, Market Microstructure, and Protocol Analysis.

Shaurya Holds Over $ 1,000 in Btc, Eth, Sol, Avax, Sushi, Crv, Near, YFI, YFI, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, CAKE, Vet, Vet, Vet RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, Banana, Rome, Burger, Spirit, and ORCA.

He Provides Over $ 1,000 to Liquidity Pools on Compound, Curve, Sushiswap, Pancakeswap, Burgerswap, Orca, AnaSwap, Spiritswap, Roki Protocol, Yearn Finance Olympusdao, Rome, Trader Joe, and Sun.

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Shaurya Malwa

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