Breaking: Bitcoin Blasts Past $100K Again as US Trade Talks Spark Crypto Frenzy
Bitcoin has officially reclaimed six figures — surging past $100,000 on Thursday, driven by a wave of positive momentum following a new US-UK trade agreement announced by President Trump.
At the time of writing, BTC is trading at $100,742, after briefly peaking at $100,888. The breakout ignited a rally across the entire crypto market, especially among meme coins, AI tokens, and altcoins, propelling total market capitalization beyond $3.21 trillion.
Short Squeeze & Bullish Indicators:
According to Coinglass, bearish BTC traders were hit hard, with $118 million in short positions liquidated over the past 24 hours. Meanwhile, open interest surged 7%, crossing $70 billion — a clear sign of renewed market engagement.
Key Catalysts Behind the Surge:
• US-UK Trade Agreement: A fresh boost to investor confidence
• Gold Narrative: BTC’s growing reputation as “digital gold” in times of uncertainty
• Bullish Sentiment: Traders and algorithms alike are pushing momentum upward
Technical Outlook:
BTC’s move beyond the $100K resistance comes with strong support from the RSI and MACD on short-term charts — both indicating continued bullish pressure.
As the crypto market heats up again, all eyes are on Bitcoin — and the momentum suggests this may just be the beginning.
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