Crypto shares jumped in premarket trading. Canaan rose 9.7%; Riot Platforms, Strategy rose about 3%; CleanSpark, MARA Holdings, TeraWulf, Coinbase rose more than 2%.

Bitcoin price has climbed sharply to $96, 979 following confirmation that China and the United States will resume formal trade negotiations this week. This marks the first direct engagement between both governments since President Donald Trump returned to office in January and introduced new tariffs on Chinese goods.