Will US-China trade talks begin? Bitcoin hit 96K this morning, CZ calls for a target price of 1 million Mg

On the eve of the Federal Reserve's interest rate decision, the market turned conservative, with the three major U.S. stock indices in the red. There are reports that U.S. Treasury Secretary Bezos and Trade Representative Jamieson Greer will meet with the Chinese government in Switzerland later this week. Bitcoin surged strongly in the Asian market this morning, reporting at 96,600 before the deadline. Binance founder CZ said in an interview on Monday that Bitcoin might rise to between $500,000 and $1 million in this cycle. According to Bloomberg, U.S. Treasury Secretary Bezos and Trade Representative Jamieson Greer will meet with the Chinese government in Switzerland later this week. After the news was released, the U.S. dollar rose against most major currencies, with S&P 500 index futures rising 0.8% in early Asian trading. The planned negotiations may encourage investors hoping to see tariffs reduced, as tariffs could harm trade between the world's two largest economies. The People's Bank of China and financial regulators will hold a press conference on Wednesday to discuss policies to stabilize the market. The briefing will be closely watched as China faces increased U.S. tariff pressure and growing concerns about economic prospects. Japanese traders will return after a two-day holiday. Before the Federal Reserve makes its decision on Wednesday, traders generally expect policymakers to maintain interest rates unchanged. Despite Trump's increasing pressure to resume rate cuts, most officials emphasize the need to wait and see how last month's trade policies will affect the economy. Bitcoin fell to 93K last night but surged strongly in the Asian market this morning, reporting at 96,600 before the deadline. Binance founder CZ said in an interview with Farokh Radio on Monday that Bitcoin might rise to between $500,000 and $1 million in this cycle, and the total cryptocurrency market value could reach $5 trillion by the end of the year (currently $3.1 trillion), but he did not provide a specific timeline for this cycle. Risk Warning: Cryptocurrency investment carries high risk, and prices may fluctuate dramatically. You may lose all your principal. Please carefully assess the risks.