$BTC 🔥 TRADE AND INVEST 🔥
#BTC approaches $100K as market optimism grows over Trump-UK trade pact
Bitcoin approaches $100,000 on Thursday following three days of gains.
Trump's announcement of a significant trade agreement with the UK boosted the rise.
Technical indicators predict a surge to $105,000
After three days of increases, Bitcoin (BTC) nears $100,000 on Thursday. The Wall Street Journal said that Donald Trump's announcement of a “major trade deal” with the UK sparked the latest rise. Technical indicators predict a surge to $105,000.
Trump's trade agreement pushes Bitcoin to $100,000.
President Donald Trump declared on his Truth Social account that a “major trade deal” had been completed, the first since he put tariffs on dozens of trading partners.
Trump said on Truth Social that he will host a press conference at 10:00 in Washington, DC (15:00 BST) to announce an agreement with "representatives of a big, and highly respected, country."
This news boosts the biggest cryptocurrency by market capitalization, which is flirting with $100,000 during the European trading session on Thursday, a level not seen in 90 days. Tariff accords with key nations would reduce global economic uncertainty, enhancing market sentiment and helping risk assets like Bitcoin.
Bitcoin fell 2.89 percent over the weekend after failing to break $97,700 on Friday. Starting this week, it rebounded from its setback and rose through Wednesday. On Thursday, it breaks $97,000 and trades around $100,000.
BTC might climb to its psychological threshold of $105,000 before reaching its all-time high at $109,588 if it continues to rise.
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