Bitcoin held steady in range-bound trading on Monday, with investors remaining cautious ahead of high-stakes U.S.-China trade talks later in the day and a closely monitored U.S. inflation report due later this week. The world’s largest cryptocurrency was largely unchanged at $105,435.20 as of 05:37 GMT and is currently trading above $107,000.
The token has stayed within a narrow range in recent sessions, as traders avoid large positions amid uncertainty surrounding global economic policy.
Simon Peters, crypto analyst at eToro, commented to Economy Middle East that Bitcoin narrowly maintained its position above the $100,000 mark as the online feud between Elon Musk and President Trump spilled over from traditional markets last week. “In what had been a fairly muted week for crypto asset price movements beforehand, as the ‘feud’ between Trump and Musk escalated on social media on Thursday, Bitcoin then fell as much as 4 percent before finding some support at $100,400.”
As news began to circulate that a reconciliation might be possible, the Bitcoin price rebounded, Peters noted. “Friday’s better-than-expected non-farm payrolls report also provided a further tailwind to the Bitcoin price.” “Looking ahead to this week, inflation data in the form of CPI consumer price index and PPI producer price index could introduce some volatility,” Peters added.
Read more: Bitcoin surges to new all-time high of $111,880 as investors shift to alternative assets
Market sentiment and crypto caution
Monday’s discussions in London between U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and China’s Vice Premier He Lifeng have drawn significant market scrutiny, given the potential impact on global trade, tariffs, and capital flows. Hopes for progress have generally supported risk sentiment, but crypto markets have remained cautious in anticipation of concrete developments. The London meeting marks the first formal negotiations between the two sides since last month’s tentative agreement in Geneva. A constructive outcome from these talks could indicate improved geopolitical stability and enhance appetite for alternative assets.
Institutional and corporate adoption of Bitcoin continues to rise. Firms such as MicroStrategy and GameStop have incorporated BTC into their treasuries, with over 80 public companies now holding nearly 3.4 percent of the total supply. Projections suggest that corporate allocations alone could generate $330 billion in demand by 2029.
The U.S. government’s de facto strategic Bitcoin reserve—estimated at nearly 200,000 BTC—adds an additional layer of legitimacy. Meanwhile, nearly 40 percent of global single-family offices are now allocating to crypto, typically between 2 percent and 5 percent of total portfolios. Geopolitical and economic factors, including U.S.-China trade tensions and upcoming inflation data, may inject short-term volatility but are unlikely to derail the broader institutional accumulation trend.
Growing investor interest in crypto
Crypto exchange Gemini has confidentially filed for a U.S. initial public offering, according to a regulatory filing over the weekend, signaling growing investor interest in digital assets. The Winklevoss twins’ Gemini submitted a draft registration with the U.S. Securities and Exchange Commission under confidential rules, allowing the company to secure its offering before publicly disclosing financials. The filing did not specify the number of shares or the price range for the IPO. Gemini’s move follows a wave of crypto firms going public, including Circle Internet Group Inc, amid the current market backdrop, characterized by rising institutional interest, stabilizing regulations, and recent spot Bitcoin ETF approvals.
