UPDATE: Bitcoin (BTC) has skyrocketed to over $116,200 this weekend, sending shockwaves through the cryptocurrency market and boosting shares of major crypto-related stocks. The surge comes as optimism grows around U.S.-China trade negotiations, with President Donald Trump expressing confidence in a potential deal.
In a significant development, crypto exchange Robinhood led the charge, rising by 5%, while Trump-affiliated American Bitcoin reported a 10% increase after enhancing its bitcoin holdings. The bullish sentiment was fueled by comments from Trump, who stated, “I really feel good” about reaching an agreement with China, which could ease trade tensions and tariffs on essential materials.
On Monday, October 26, 2025, Bitcoin experienced a modest pullback to around $115,000 after reaching its weekend high. This volatility comes amidst reports of progress in U.S.-China trade talks, specifically regarding rare-earth magnets—critical components for electric vehicles, smartphones, and more. Trump’s anticipated meeting with Chinese President Xi Jinping later this week adds urgency to market reactions.
“The negotiations around rare-earth elements are central to the discussions with China,” said a senior White House official.
As crypto stocks surged, traditional markets also gained momentum, with the Nasdaq climbing 1.5% and the S&P 500 rising 1%. The rally in cryptocurrencies and tech stocks intensifies ahead of the Federal Reserve’s policy decision, where a potential interest rate cut could further stimulate risk-taking among investors.
Amid these developments, stablecoin payment volumes reached $19.4 billion year-to-date in 2025. In response, OwlTing is working on advanced payment infrastructure to process transactions rapidly and cost-effectively, aiming to capitalize on the growing crypto payment market.
As traders anticipate the New York Stock Exchange’s listings for four new spot crypto ETFs, set to begin trading as early as tomorrow, the momentum in the crypto space is palpable. The approval of these ETFs is expected to attract more institutional investment into the sector.
With the cryptocurrency market on an upswing, investors are closely monitoring potential developments in U.S.-China negotiations and the upcoming Federal Reserve meeting. As Bitcoin continues to gain traction, analysts are predicting further fluctuations, with many hopeful for a sustained rally.
Stay tuned for more updates as the situation unfolds, and prepare for a potentially transformative week in the cryptocurrency landscape.
