Bitcoin (BTC) Is Currently Trading Above $97K Amidst Positive Sentiments Regarding a Possible US-China Trade Deal

Bitcoin is currently trading above $97K amid positive sentiments regarding a possible US-China trade deal.

Bitcoin (BTC) price hovered above $97K on Wednesday, amid reports that the US may be striking a deal with China to avert further tariffs.

According to Chinese state media, the US has reached out to China through ‘multiple channels’ to discuss the tariff situation and strike a deal.

While 24% of people on Polymarket believe this trade deal can be announced before the end of June, Trump’s hawkish approach towards China may stand in the way of an agreement.

As these global economic conditions can have an impact on your crypto portfolio, here’s a look at the best crypto to buy now.

Bitcoin Nearing the $100K Mark Is a Sign of Greater Things to Come

Bitcoin price is nearing the $100K mark again, which is a significant milestone for the cryptocurrency. The token had previously reached a high of $109K early in 2024, shortly after Trump was appointed president.

However, BTC price then plummeted to $75K, striking fear into the hearts of investors.

But the last couple of weeks have seen great strength return to the token. It has been trading in a tight range, with traders remaining hopeful that an agreeable resolution to the ongoing tariff conflict will be reached.

The derivative markets are also seeing increased trading activity, and the overall BTC liquidity and volumes have surged. This shows that the underlying market sentiment is shifting for the better.

AI Tokens Performing Well As Kava Hits 100K Users on Its Decentralized ChatGPT

The BTC magic has rubbed off on AI tokens as the AI coin market cap increased by 2.9% in the last 24 hours to reach $26B. Among the top gainers were NEURAL, ANON, and HMT.

This comes as Kava Labs announced that it hit 100K users on its AI platform. It’s the world’s first decentralized ChatGPT, which offers users verifiability and privacy—something other AI models do not currently offer.

Those who use Kava’s AI can seamlessly integrate it with other dApps on the blockchain to create advanced use cases, such as AI-powered trading bots or decentralized autonomous organizations (DAO).

It’s also worth noting that Kava Labs is just one example, and there are hundreds of innovative AI projects in the Web3 space with billions being invested by VCs.

As the broader crypto market gains momentum, these value-driven projects will be the first to see value discovery and sizable growth.

If you’re looking to capitalize on the crypto bull market, now is the time to invest. Here are some of the top altcoins to buy for potentially massive gains in 2024.

1. BTC Bull Token ($BTCBULL) – Best Crypto to Buy Now, Get Real $BTC as Airdrops

If you think Bitcoin is a lip-smacking purchase right now, wait till you hear about BTC Bull Token ($BTCBULL). It’s a new meme coin on presale that has been designed to follow the coattails of Bitcoin.

In other words, buying $BTCBULL lets you benefit from Bitcoin’s growth without actually needing to own or buy it. Quite the deal, wouldn’t you say?

BTC Bull Token is the ONLY crypto to offer real (and free) $BTC in its airdrops to its token holders.

This means that every time Bitcoin reaches a new milestone—such as $150K, $200K, and $250K—BTC Bull Token owners who hold their tokens in Best Wallet will automatically receive their share of $BTC.

What’s more, the developers have also reserved a chunky 40% of the total token supply for PR and marketing activities. Combined with a deflationary model—where a part of the total supply will be shaved off at regular intervals—BTC Bull Token’s focus on publicity will likely keep the crypto’s hype (and price) pumping well after its launch on exchanges.

As mentioned earlier, $BTCBULL is currently in presale. It has raised over $5.2M at the time of writing, and each token is available for just $0.00249. Here’s a guide on how to buy BTC Bull Token.

2. Solaxy ($SOLX) – Top New Altcoin with Real-World Application, Has over $32.7M in Presale Funding

Solaxy ($SOLX) plans to bridge the gap between Solana’s potential and its reality. These two, by the way, have quite a few miles between them today thanks to the network’s scalability issues.

Even though Solana is technically a perfect blockchain for meme coins (it’s fast and affordable), the reality is that it gets overloaded whenever there’s a spike in transaction requests.

Solaxy will solve Solana’s congestion and limited scalability by building the first-