Crypto News Today: Crypto Stocks Surge as Bitcoin Hits $116K and Nasdaq Rallies on US-China Trade Deal Hopes

Key Takeaways:Bitcoin briefly surged above $116,000 as trade optimism boosted global markets.Robinhood led crypto-related stocks higher, while American Bitcoin (ABTC) jumped over 10% after adding to its BTC holdings.Gold and silver prices fell as investors rotated into risk assets ahead of this week’s FOMC rate decision.Bitcoin and Stocks Rally on Renewed US-China Trade HopesCrypto markets and U.S. equities surged Monday after President Donald Trump and Treasury Secretary Scott Bessent signaled progress in ongoing U.S.-China trade talks.“I really feel good about a deal,” Trump told reporters Monday morning, expressing confidence that negotiations with China could lead to a tariff truce in exchange for continued access to rare-earth magnets, key materials used in electric vehicles, smartphones, and defense systems.The remarks followed positive comments over the weekend from Bessent, helping Bitcoin (BTC) rally to $116,200 on Sunday before stabilizing around $115,000.Crypto Stocks Lead Market GainsCrypto-linked equities moved higher alongside Bitcoin’s rebound.Robinhood (HOOD) gained 5%, leading exchange-related stocks.Bitcoin miners and AI-linked firms such as Hut 8 (HUT), CleanSpark (CLSK), and IREN (IREN) advanced between 2%–3%.American Bitcoin (ABTC) — chaired by Donald Trump Jr. — jumped 10.5% after announcing the purchase of 1,414 BTC, bringing total holdings to 3,865 BTC.Circle (CRCL) was the day’s notable laggard, slipping 2.3%.Traditional markets mirrored the enthusiasm, with the Nasdaq climbing 1.5% and the S&P 500 rising 1%.Gold and Silver Fall as Risk Appetite ReturnsAs investors shifted back toward equities and crypto, precious metals extended their recent decline.Gold fell 3.2%, while silver dropped 4.5%, as optimism over trade talks and the upcoming Federal Reserve rate cut reduced demand for safe havens.Rate Cut Expectations Add Fuel to the RallyMarkets are now bracing for Wednesday’s Federal Open Market Committee (FOMC) decision, where the Fed is widely expected to lower interest rates by 25 basis points.Analysts say the combination of improving trade sentiment, lower borrowing costs, and easing liquidity conditions could sustain risk-on momentum in crypto and tech stocks through the end of the month.Trump and Chinese President Xi Jinping are set to meet Thursday to finalize terms of the potential deal — with rare-earth elements expected to remain the central focus of negotiations.