Bitcoin Nears $100K as Trump Teases ‘Big’ Trade Deal.
Bitcoin surged close to $100,000 early Thursday following President Trump's announcement of an impending trade deal with a major country. The news conference, scheduled for 10 a.m. ET, is expected to reveal the first of many deals, with speculation pointing to the U.K. as the likely partner.
Favorable tariff decisions could ease concerns about rising costs, boosting investor appetite for risk assets like crypto. Bitcoin's rally is also supported by improving macroeconomic factors: falling bond yields, a weakening dollar, and increasing institutional flows into spot bitcoin ETFs.#BitcoinReserveDeadline
In the past 24 hours alone Bitcoin has gained more than 5%, extending its strong weeklong momentum. The potential rollback of tariffs could further lift inflationary pressures and strengthen the investment environment for high-beta assets such as crypto and tech stocks. #MostRecentTrade
The broader backdrop includes rising political pressure on U.S. leaders to counter China's growing influence and revitalize domestic manufacturing. While full details of the trade agreement are still under wraps, any positive developments could significantly fuel Bitcoin and broader market rallies.#TradeStories
About the Author:
I'm Hoor king, a crypto market observer and investor with holdings across major digital assets, including $BTC $ $ETH $SOL Avax and many more. I also actively provide liquidity on platforms like Compound, Curve, SushiSwap, and others. I focus on macro trends, DeFi markets, and trading strategies that impact the crypto ecosystem globally.
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