Will the US-China trade negotiations begin? Bitcoin surged to 96K this morning, and CZ calls for a target price of one million dollars.

On the eve of the Federal Reserve interest rate decision announcement, the market turns conservative, and the three major U.S. stock indexes fall sharply. There are reports that U.S. Treasury Secretary Janet Yellen and Trade Representative Jamieson Greer will meet with the Chinese government in Switzerland later this week. Bitcoin surged strongly this morning during the Asian session, reporting at 96,600 before the deadline. Binance founder Zhao Changpeng (CZ) stated in an interview on Monday that Bitcoin may rise between 500,000 and 1,000,000 USD in this cycle.

China and the US are expected to start negotiations, and The Federal Reserve (FED) interest rate decision is about to be announced.

According to a report by Bloomberg, U.S. Treasury Secretary Janet Yellen and Trade Representative Jamieson Greer will meet with the Chinese government later this week in Switzerland. Following the announcement, the dollar rose against most major currencies, and S&P 500 futures gained 0.8% in early Asian trading. The planned negotiations could encourage investors eager to see tariffs reduced, as tariffs could harm trade between the world's two largest economies.

The central bank of China and financial regulatory authorities will hold a press conference on Wednesday to discuss policies for stabilizing the market. This briefing will be closely watched due to increasing tariff pressure from the United States and growing concerns about the economic outlook in China. Meanwhile, Japanese traders will return after a two-day holiday.

Before the Federal Reserve (FED) makes its decision on Wednesday, traders generally expect policymakers to keep interest rates unchanged. Although Trump has been increasing pressure on the central bank to resume rate cuts, officials mostly emphasize the need to observe how last month's implemented trade policies will affect the economy.

BTC surged to 96K this morning, CZ's target price is a million dollars.

Bitcoin fell to 93K last night, but this morning during the Asian session, it surged strongly, reporting 96,600 before the deadline.

Binance founder Zhao Changpeng (CZ) stated during an interview with Farokh Radio on Monday that Bitcoin could rise to between 500,000 and 1,000,000 USD in this cycle, and by the end of this year, the total market capitalization of cryptocurrencies could reach 5 trillion USD (, currently at 3.1 trillion ), but he did not provide a specific timeline for this cycle.

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