Bitcoin Surges Amid US-UK Trade Deal Hints
Bitcoin's price has jumped nearly 3%, reaching close to $100,000, and a big reason behind this surge is the buzz around a possible US-UK trade agreement.
Former US President Donald Trump recently hinted at a major trade deal announcement with the UK. This created a wave of positive sentiment across global markets ā including crypto.
But why does this matter for Bitcoin?
A trade deal between two major economies signals economic stability and growth.
Investors often turn to assets like Bitcoin during such moments, seeing it as a safe-haven or high-growth opportunity.
Trump's past pro-crypto stance may also be adding fuel to the rally.
With this, Bitcoin jumped from $97,759 to over $99,140 in just a short span.
The market is still highly volatile, so investors are advised to stay cautious and stay informed.
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