<ul><li>Bitcoin's price surged above $107,000 during Europe's afternoon trading session.</li><li>Bulls took control, driving the price up and liquidating around $60 million worth of short positions in the last four hours.</li><li>A whale made a significant bet on BTC, depositing $5 million in USDC on Hyperliquid and entering a $53.6 million BTC long at 20x leverage.</li><li>The price increase is attributed to renewed hopes for a positive resolution in US-China trade talks in London with delegations led by Treasury Secretary Scott Bessent and Vice Premier He Lifeng.</li></ul>

Bitcoin (BTC) Price Soars Above $107K as US and China Resume Trade Talks in London

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