Trump Announces Trade Agreement with the UK, Bitcoin Surpasses $100,000
According to ChainCatcher, after Trump announced a trade agreement with the UK, expectations for easing trade tensions led Bitcoin to surpass $100,000. On Thursday, Bitcoin rose by 3.4%, and Ethereum increased by 12%.
On January 20, the day of Trump's inauguration, the price of Bitcoin rose to $109,000. Details of the agreement will be negotiated in the coming weeks, with the UK accelerating the customs clearance of US goods and reducing barriers to agricultural, chemical, energy, and industrial exports. This is the first agreement after Trump imposed high tariffs on multiple trade partners.