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Bitcoin rose on Thursday, approaching the key levels of $100,000 as risk appetite was boosted by hopes of easing U.S. President Donald Trump's tariff agenda, after he hinted at a major trade deal.
The world's largest cryptocurrency continued its strong gains from the previous session, which were driven by the U.S. and China confirming that some trade talks would take place this week.
This momentum also helped push Bitcoin past concerns about the slowdown in the U.S. economy and trade-related disruptions raised by the Federal Reserve.
Bitcoin rose by 2.6% to $98,868.6 by 08:28 Saudi time, having reached a high of $99,381.2.