Bitcoin Latest Updates: Major Investors Gather $870M in ETH as Hopes Rise Over U.S.-China Trade Agreement

TheStreet report.>

On October 26, the United States and China established an initial trade agreement, sidestepping the imposition of 100% tariffs and restrictions on rare-earth exports. This development triggered a rally in the cryptocurrency sector.

(BTC) surged to $113,700, while (ETH) broke past $4,040, pushing the total crypto market value up by 1.9% to reach $3.92 trillion. U.S. Treasury Secretary Scott Bessent called the deal a "very substantial framework" that could help stabilize trade ties before upcoming high-level talks, according to TheStreet.

Bybit report.>

This trade breakthrough followed a period of intense market swings, including a record $19 billion liquidation event in mid-October—the largest in crypto history. Bybit’s September Volatility Report pointed out BTC’s first term structure inversion since April 2025, fueled by renewed U.S.-China friction. Short-term volatility spiked as traders factored in risks from the tariff dispute, with

and briefly dropping to $3,700 and $105,000, respectively, before recovering, as noted in the report.

The agreement eased concerns over a potential trade war that had previously wiped out $200 billion in crypto market value within hours. Experts observed that Bitcoin’s price had been confined to an 8% range over the last four months, suggesting the possibility of a significant move by year’s end.

, on the other hand, attracted bullish sentiment, with some analysts forecasting a rally toward $5,000 if it closes above $4,525, according to Benzinga.

Large holders and institutional players appeared to take advantage of the price dip, with wallets containing 100–10,000 ETH accumulating 218,000 ETH (worth $870 million) in recent days. This accumulation, in contrast to previous outflows during the downturn, highlights renewed faith in crypto’s resilience to macroeconomic shifts, as reported by Yahoo Finance.

Amid this renewed optimism, niche tokens such as Bitcoin

($HYPER) and Snorter Bot ($SNORT) became standout picks.

BlackRock’s recent move to list its iShares Bitcoin ETP on the London Stock Exchange further demonstrated the growing acceptance of crypto in mainstream finance. The ETP, priced at $10.78, now allows UK investors access to Bitcoin with “robust custody and regulatory oversight,” according to Jane Sloan of BlackRock.

Although the trade pact brought immediate relief, uncertainties remain. U.S.-China talks are still delicate, and the Federal Reserve’s interest rate decisions will continue to influence market sentiment. For the crypto sector, attention now turns to whether ongoing geopolitical stability can trigger a sustained bull market, as noted by The Coin Republic.