$BTC has surged past the $100,000 mark today, reaching approximately $101,333, marking a 5.27% increase from the previous close. This is the first time since February 2025 that Bitcoin has crossed this significant threshold.
The rally is attributed to renewed investor optimism following the announcement of a new trade agreement between the U.S. and the U.K. President Donald Trump described the deal as a "breakthrough," aiming to boost U.S. exports and reduce trade tensions. This development has positively impacted both traditional and crypto markets, with the S&P 500 rising by 1.4% and other cryptocurrencies like Ethereum and Solana also experiencing gains.
Analysts suggest that if Bitcoin maintains its position above $100,000, it could target new highs in the $105,000–$110,000 range in the near term.
In summary, today's surge underscores Bitcoin's resilience and the influence of macroeconomic factors on its valuation.