The United States and China are on the brink of finalizing a historic trade deal, ending the tariff war.
With the resolution of the trade war, investor sentiment is rebounding, which could have a positive impact on Bitcoin (BTC) price.
Bitcoin has historically performed well when macro fears fade and institutional investments increase, thus breaking through the $100,000 mark is a possibility.
Besides Bitcoin, other cryptocurrencies like Ethereum (ETH), XRP, and Solana (SOL) could also see positive effects from the trade deal, with potential price growth.