Stablecoin

bullish

Bitcoin

Momentum

<p>Bitcoin climbed to $109,000 on Saturday, gaining nearly 1.6% in 24 hours, as optimism spread through global markets following President Trump’s confirmation of renewed trade discussions with China’s Xi Jinping.</p><p>According to many the announcement cooled fears of escalating tariffs that had weighed on equities and crypto earlier in the week.</p><p>The risk-on shift helped Bitcoin rebound in sync with U.S. stock futures and Asian indices, marking a rare alignment between digital and traditional markets after several sessions of macro-driven selling.</p><p><img class="aligncenter size-full wp-image-292470" src="https://www.ethnews.com/wp-content/uploads/2025/10/Screenshot-2025-10-19-at-23.10.01.png" alt="" width="1510" height="732"></p><h2 id="technical-bounce-but-momentum-still-fragile">Technical Bounce, But Momentum Still Fragile</h2><p>From a chart perspective, Bitcoin rebounded from oversold levels (RSI 36.6), reclaiming the key $108K pivot zone. Derivatives data showed $81 billion in trading volume tied to short covering, while perpetual funding rates flipped slightly positive at +0.0023%, suggesting renewed, but cautious, bullish sentiment.</p><p>Still, analysts warn the move lacks conviction. Open interest rose just 0.59%, pointing to speculative repositioning rather than strong structural demand. Traders now eye a close above the 7-day SMA at $110,885 as critical for confirming momentum.</p><div class="read-more tdi_7"><div class="td_module_flex td_module_flex_1 td_module_wrap td-animation-stack td-cpt-post td-module-exclusive"><div class="td-module-container"><div class="td-image-container"><div class="td-module-thumb"><a class="article row text-decoration-none" href="https://www.ethnews.com/china-blocks-tech-firms-from-stablecoin-launches-to-protect-e-cny/" rel="noopener noreferrer nofollow"><span class="td-image-wrap"></span></a></div></div><div class="td-module-meta-info"><h3 class="entry-title td-module-title" id="a-href-https-www-ethnews-com-china-blocks-tech-firms-from-stablecoin-launches-to-protect-e-cny-rel-noopener-noreferrer-nofollow-china-blocks-tech-firms-from-stablecoin-launches-to-protect-e-cny-a"><a href="https://www.ethnews.com/china-blocks-tech-firms-from-stablecoin-launches-to-protect-e-cny/" rel="noopener noreferrer nofollow">China Blocks Tech Firms from Stablecoin Launches to Protect e-CNY</a></h3></div></div></div></div><h2 id="mixed-signals-ahead-of-inflation-data">Mixed Signals Ahead of Inflation Data</h2><p>While volume rose 14% daily, it remains 55% below weekly averages, reflecting limited participation despite the rebound. The CMC Fear Index stays at 27 (“Fear”), underscoring a fragile mood.</p><p>Market strategists see macro risk relief as a short-term tailwind but caution that sustained strength depends on upcoming U.S. inflation data. A hotter-than-expected print could reignite volatility across risk assets.</p><p>The post <a href="https://www.ethnews.com/bitcoin-jumps-to-109k-as-trump-xi-trade-talks-ease-global-risk/" rel="noopener noreferrer nofollow">Bitcoin Jumps to $109K as Trump–Xi Trade Talks Ease Global Risk</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.</p>

Bitcoin Jumps to $109K as Trump–Xi Trade Talks Ease Global Risk

Table of Contents

ETHNews

Other articles published on Oct 19, 2025

Hyperliquid (HYPE) To Surge Ahead? Key Harmonic Pattern Signals Potential Upside Move

Bitcoin Fear Index Hits 28 — 5 Best Crypto to Buy as Institutions Prepare for a Major Rebound

MegaETH Strengthens Investor Confidence with 4.75% Equity Buyback

Can Ethereum Hit $4,500 Again in October? Predictions & Outlook

Bitcoin’s Meteoric Rise Shakes Up Altcoin Landscape

Bitcoin ETF Outflows Surpass $1.2 Billion

Join our free newsletter for daily crypto updates!