Bitcoin has surged past $113,000 as anticipation builds for the upcoming Trump-Xi summit in Seoul, scheduled for October 30-31, 2025. The meeting aims to address U.S.-China trade relations, with U.S. Treasury Secretary Scott Bessent describing the talks as 'fantastic.' The crypto market has reacted positively, with Ethereum also climbing above $4,040. Historical patterns suggest that Bitcoin often experiences significant price movements during major geopolitical events, reflecting the market's sensitivity to global trade developments.