#BTCBreaks99K Bitcoin Hits $99K! Here’s What You Need to Know
What Just Happened?
Trump’s Big Announcement: Donald Trump mentioned a major trade deal — likely with the UK — that could ease global trade tensions and boost market confidence.
Crypto Market Reaction: Right after the news, Bitcoin shot up near $100,000. Other cryptocurrencies like Ethereum and XRP also went up.
Why This Matters for Crypto
More Investor Confidence: A strong trade deal could make investors feel safer putting money into crypto, possibly driving prices even higher.
More Price Fluctuations: But if the deal falls through or brings new problems, crypto prices could swing wildly.
Trump’s Crypto Plans
Bitcoin Reserve Idea: Trump wants the U.S. to hold Bitcoin and other digital assets as a backup, helping America lead in crypto.
White House Crypto Event: He’s planning a major crypto event with big names like David Sacks and the Winklevoss twins to show support for the industry.