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Bitcoin Races Above $97K on U.S.-China Trade Deal Progress

Treasury Secretary Scott Bessent is headed to Switzerland for talks with Chinese representatives.

Updated May 7, 2025, 12:05 p.m. Published May 7, 2025, 12:57 a.m.
Photo of U.S. Vice President JD Vance, Treasury Secretary Scott Bessent, Defense Secretary Pete Hegseth
[Center] Treasury Secretary Scott Bessent (Win McNamee/Getty Images)