$BTC Various Bitcoin enthusiasts attribute the rise towards 100,000 dollars to speculation surrounding the trade agreement.

The co-founder of FOMO21, Neil Jacobs, said on X that the Bitcoin surge was mainly due to Trump's announcement.

Crypto entrepreneur Anthony Pompliano said that the upcoming trade agreement "means that the chances of reaching new all-time highs in 2025 are increasing."

Bitcoin reached its current all-time high of 109,000 dollars on January 20, just hours before Trump's inauguration.

Trump's post came just hours after the US Federal Reserve announced it would maintain interest rates between 4.25% and 4.50% despite increasing pressure from Trump to lower interest rates.

Bitcoin has not reached 100,000 dollars since February 1, after Trump proposed import tariffs on China, Canada, and Mexico. Meanwhile, crypto market participants seem to be more optimistic about the market overall, with the Crypto Fear & Greed showing a "Greed" score of 65.

The 3% increase in Bitcoin over the last 24 hours has led to the liquidation of approximately 96 million dollars in short positions, according to data from CoinGlass.

Bitcoin last traded at the 80,000 dollar level on April 11 and only recovered to 90,000 dollars on April 22.

Canada and Mexico. Meanwhile, crypto market participants seem to be more optimistic about the market overall, with the Crypto Fear & Greed showing a "Greed" score of 65.

The 3% increase in Bitcoin over the last 24 hours has led to the liquidation of approximately 96 million dollars in short positions, according to data from CoinGlass.