#BTCBreaks99K

The price of bitcoin has risen nearly to 100,000 dollars after President Donald Trump stated that a tariff agreement with a 'big, highly respected country' will soon be announced.

Trump will hold an 'important' press conference regarding the trade deal at 10:00 AM Eastern Time, at which the announcement is expected to be 'the first of many'.

The identity of the country involved remains unclear. Nevertheless, some reports suggest that it is believed to be the United Kingdom. Easing tariffs could alleviate inflationary pressure and improve the backdrop for investing in cryptocurrencies, technology, and other high-beta assets.