Bitcoin Eyes $100K as Trade War Cools, Trump Teases Dinner Event

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BTC has recovered over $20,000 since the early April low.

It was just over two weeks ago when the predominant sentiment in the cryptocurrency market was whether the bull run had ended prematurely, as BTC’s price had tumbled to a five-month low of under $75,000. Now, the asset is pushing above $95,000.

A big portion of those gains came in the past week. As we explained in the Market Update from last Friday, the previous week went rather calmly, with BTC’s price trading sideways around $85,000. The weekend was similar, but the bulls stepped up on the gas pedal on Monday and didn’t look back.

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