Bitcoin (BTC) Price Today: Bitcoin Hits $113K After US-China Trade Deal Sparks Rally Amid $303M BTC Exchange Move

Bitcoin jumps past $113K after the US-China trade deal sparks a market rally, boosting BTC trading and investor confidence.

A $303M Bitcoin (BTC) exchange move underscores rising institutional investment, fueling Bitcoin market momentum and boosting BTC trading activity amid renewed investor optimism.

US-China Trade Deal Boosts Bitcoin Market

The latest surge in Bitcoin prices comes after reports that China and the United States reached a trade deal during talks in Malaysia, easing tariffs on selected goods and loosening export controls on rare earths. While full implementation will require a follow-up summit between former President Donald Trump and President Xi Jinping, the announcement triggered a sharp uptick in risk-on assets, including Bitcoin.

US-China Trade Deal Boosts Bitcoin Market

US-China trade deal sparks Bitcoin rally as tariffs ease and BTC goes parabolic. Source: @CryptoNobler via X

Crypto analyst 0xNobler highlighted the move, stating: “GIGA BULLISH NEWS, $BTC JUST WENT PARABOLIC!” Binance charts showed BTC climbing from around $111,000 to $112,979 within hours, marking a 1–2% intraday spike.

Historically, diplomatic breakthroughs like this correlate with Bitcoin price rallies, echoing similar trends seen during the 2019 Phase One trade deal.

Technical Recovery Mirrors March 2020 Patterns

Analysts are noting that Bitcoin’s rebound after October’s tariff-induced sell-off mirrors patterns from the March 2020 Covid crash recovery. BTC had briefly dropped to approximately $104,782, prompting $19 billion in liquidations across crypto markets.

Technical Recovery Mirrors March 2020 Patterns

BTC rebounds from tariff-induced crash, echoing March 2020 patterns as the traditional 4-year cycle shows signs of fading. Source: @TedPillows via X

Technical commentator TedPillows observed: “$BTC reversal from the tariff’s crash is mimicking the March 2020 timeline… the 4-year cycle might be over now.”

Current on-chain data suggests Bitcoin is trading around $112,000–$113,500 USD, with a market capitalization exceeding $2.26 trillion. These indicators point to growing institutional accumulation and a market that is 30% below its Nasdaq-implied fair value, according to Coingecko reports.

Whale Activity Highlights Exchange Movements

Market watchers were also tracking a substantial Bitcoin inflow to exchange wallets. Reports indicate that a whale transferred approximately 1,884 BTC—valued at $212 million—to a Kraken hot wallet, with some sources suggesting a total figure of $303 million.

Whale Activity Highlights Exchange Movements

A whale moves $303M in BTC today, signaling strong institutional interest and fueling market momentum. Source: @MaxCryptoxx via X

While such movements often suggest potential selling pressure, no immediate market impact was observed. Arkham Intelligence screenshots circulated on social media, though confirmation of an exact $303M purchase remains unverified.

Max Crypto noted: “HIGHERRRRR… a whale has bought $303 million worth of $BTC today,” highlighting the ongoing institutional interest in Bitcoin.

Market Outlook and Community Debate

The broader Bitcoin community remains divided on the implications of these events. Some analysts argue that traditional 4-year halving cycles are now secondary to monetary policy, ETF inflows, and macro liquidity trends. Others caution that while mid-cycle bottoms may support near-term gains, external risks such as trade tensions, economic slowdowns, and employment pressures could temper future rallies.

Market Outlook and Community Debate

Bitcoin (BTC) was trading at around $113,781, up 1.93% in the last 24 hours at press time. Source: Bitcoin Price via Brave New Coin

Influencers such as Kyle Chasse and Nicrypto have suggested that Bitcoin has evolved into a macro asset, influenced by traditional finance, stablecoins, and reduced volatility strategies, potentially shifting peak cycles into 2026 without the typical altcoin surges.

Source: https://bravenewcoin.com/insights/bitcoin-btc-price-today-bitcoin-hits-113k-after-us-china-trade-deal-sparks-rally-amid-303m-btc-exchange-move