Bitcoin (BTC) remained relatively stable on Monday, trading at approximately $105,400, as investors awaited the outcome of renewed trade negotiations between the United States and China, as well as the release of key U.S. inflation data.
The cryptocurrency market has been experiencing low volatility, with Bitcoin maintaining a narrow trading range. This steadiness reflects investor caution amid global economic uncertainties.
The ongoing trade discussions in London between U.S. and Chinese officials are being closely monitored, as any developments could have significant implications for global markets.
Additionally, market participants are awaiting the release of the U.S. Consumer Price Index (CPI) data, which will provide insights into inflation trends and potential monetary policy adjustments by the Federal Reserve.
