#BTCBreaks99K Bitcoin price today: approaching 100,000$ against the backdrop of optimism over the US trade deal

Bitcoin rose on Thursday, approaching the key mark of $100,000, as risk appetite was bolstered by hopes for de-escalation of the tariff agenda of US President Donald Trump following his statement on a major trade deal.

The world's largest cryptocurrency continued its strong rise from the previous session, which was triggered by confirmation from the US and China that some trade negotiations would take place this week.

This momentum also helped Bitcoin overcome concerns about the slowdown in the US economy and trade-related disruptions that the Federal Reserve had warned about.