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Bitcoin Rebounds to US$115,000, Boosted by US-China Peace Signals

Bitcoin Rebounds

Bitcoin (BTC), the crypto asset with the largest capitalization in the world, recorded a significant rally to break the level of US$115,000 amid market optimism on easing trade tensions between the United States and China.

Based on CoinMarketCap data on Monday (27/10/2025) morning, Bitcoin prices rose more than 3% from a position of US$111,320 to a daily high of US$115,436, before being slightly corrected to US$115,187. 

This increase was also accompanied by a jump in daily trading volume by 78% to US$44.7 billion, pushing Bitcoin's market capitalization to US$2.29 trillion.

This increase was accompanied by a surge in daily transaction volume, up 78% to US$44.7 billion, pushing the market capitalization to US$2.29 trillion.

Bitcoin Rebounds

US–China Peace Signal

This price surge comes as positive news emerged from the meeting of top officials of the United States and China in Malaysia last weekend. 

The two sides are reported to have agreed on a preliminary framework that is seen as a constructive step towards de-escalation of the trade war that has been pressuring global markets.

Citing NBC News reports, US President Donald Trump and Chinese President Xi Jinping are said to be preparing a deal to avoid plans to implement new tariffs of 100% on Chinese goods.

U.S. Treasury Secretary Scott Bessent said the two leaders plan to meet in person in the near future to finalize the deal.

Bitcoin Rebounds

According to Bessent, the draft deal will form the basis of an official meeting between Trump and Xi this week to prevent the imposition of new tariffs that were previously threatened to begin November 1, if China continues to impose restrictions on exports of rare earth metals (RAR).

He also added that there is a possibility of suspending the export policy of rare earth metals from the Chinese side as part of the negotiations.

The development is seen as important momentum in global trade relations, which could ease tensions between the world's two largest economies after a prolonged tariff conflict caused turmoil in markets and strained diplomatic ties.

Trump arrived in Malaysia on Sunday to attend the ASEAN summit, as part of a five-day series of visits to Asia that is scheduled to end with a face-to-face meeting with Xi in South Korea on Oct.30.

Bitcoin Rebounds
Meanwhile, market participants are also waiting for the results of the Federal Open Market Committee (FOMC) meetings scheduled for Tuesday and Wednesday.

According to the CME Group's FedWatch Tool, there is a 96.7% chance that the US central bank will cut interest rates by 25 basis points to a range of 3.75% -4.00%.

Bitcoin's rally helped drive gains in a number of other major cryptocurrencies. Ethereum (ETH) rose 6% to a range of us$4,200, while BNB and XRP gained 1% -2% each. Solana (SOL) and Dogecoin (DOGE) also posted gains of around 5%.

Overall, the capitalization of the global crypto market increased by 3% to US$3.9 trillion.

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