Breaking News! Bitcoin Approaches $100,000 as Trump Trade Deal Sparks Market Frenzy!

Bitcoin prices soar, nearing the $100,000 threshold, hitting a new high in months! Behind this surge is potential news of President Trump's trade deal with the UK and the Fed's stable interest rate policy. Despite the bullish market sentiment, analysts warn that without actual policy follow-up, this uptrend may quickly fade.

Trump's Push, Bitcoin Hits New Highs

Trump announced on social media that a significant trade deal with the UK is imminent, prompting a rapid market response, with Bitcoin prices briefly surpassing $99,000, marking the highest point since February. As market sentiment drives forward, investors are eager to predict Bitcoin will break through the $100,000 mark.

Fed's Cautious Optimism, Market Volatility

The Federal Reserve announced it would maintain stable interest rates, with Powell emphasizing a “solid” economy, but “uncertainty is increasing.” This policy stance has also contributed to Bitcoin's rise and slightly stirred global stock markets. However, analysts point out that although Trump's trade remarks have sparked optimistic market sentiment, without substantial policy support, the uptrend may quickly cool.

Overheated Market Sentiment, Uptrend Faces Challenges

Despite Bitcoin's rise attracting a lot of investor attention, analysts warn that market sentiment may have exceeded fundamentals. While Bitcoin's historic high is within reach, investors should remain cautious amid the backdrop of global trade and economic uncertainty.