Bitcoin Eyes Record High Above $109K as U.S Reaches Trade Deal with China, Inflation Data Looms

Bitcoin BTC could soon hit record price highs, triggering accelerated gains in the wider altcoin market, as easing U.S.-China trade tensions may see markets react positively to a potential slowdown in the April CPI due this week.The United States has reached a trade agreement with China after two days of high-level negotiations in Geneva, U source: https://www.coindesk.com/markets/2025/05/12/bitcoin-eyes-record-high-above-usd109k-as-u-s-reaches-trade-deal-with-china-inflation-data-looms