A surprising push from the White House is driving Bitcoin to surge – what lies behind the trade curtain?
Bitcoin just surged close to the $100,000 mark after former US President Donald Trump announced he is preparing to unveil a 'big trade deal' with a country described as 'very large and respected'.
Although no name has been officially mentioned, many sources suggest it could be the United Kingdom (UK) – if true, this will be a major turning point in the geopolitical and economic game between the US and China.
Reason for the market's strong reaction:
Removing tariffs = reducing inflation pressure, paving the way for risky capital to return.
US bond yields decrease + the USD weakens, creating a favorable environment for assets like Bitcoin.
Bitcoin spot ETF capital continues to flow strongly, especially from major institutions.
The market is 'sensing' a new wave of FOMO if the psychological resistance level of $100,000 is breached.