Bitcoin surpasses $97,000 with optimism for U.S.-China trade deal, market observers eye $100K potential.

From Yahoo Finance: 2025-05-02 01:04:00

Bitcoin (BTC) trades above $97,000 amid optimism for a U.S.-China trade deal. Dogecoin (DOGE) leads gains, while Movement’s MOVE faces losses due to founder’s suspension. Polymarket bettors skeptical of trade deal by June. $100K bitcoin back on agenda with healthy crypto metrics.

Market observers anticipate $100K bitcoin as momentum grows in crypto. Flowdesk notes rising risk appetite, strong liquidity, and growing institutional demand. Strategy’s continued BTC buys and institutional push contribute to market optimism.

Strategy raises $21 billion for more BTC buys, impressing investors with institutional sophistication. AI tokens see positive response to news of Kava Labs hitting 100K users on decentralized AI platform. Decentralized AI offers verifiability and privacy, attracting global interest.

Kava AI gains popularity for transparency and decentralization. Stuart of Kava Labs notes growing interest in decentralized AI as users value transparency over black-box models. AI tokens outperform CoinDesk 20, showing market’s preference for decentralized and transparent AI systems.

Read more: Bitcoin Jumps Above $97K as Traders Optimistic U.S.-China Trade Deal Possible