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Cryptocurrency back on track? Bitcoin eyes $112K as global crypto markets surge $50 billion on easing US-China tensions

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Crypto markets surged billions of dollars after President Trump announced a meeting with Chinese President Xi Jinping at the APEC summit. This news sparked a broad risk-on move, lifting Bitcoin and other major tokens from recent lows. Analysts caution the rally's fragility, noting that geopolitical tensions can amplify funding stress and trigger liquidations in leveraged positions.



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