$BTC
Bitcoin (BTC), the world's biggest cryptocurrency, crossed $100,000 for the first time since February due to President Donald Trump's tariff policy change, which boosted crypto market confidence.
Bitcoin Is 6% Below All-Time High
Bitcoin fell significantly due to Trump's tough tariffs in recent months. The digital asset fell 25% to $74,000 from its January record high of $109,000.
After the President paused his “tariff war” on Thursday, crypto prices rose sharply thanks to a $6 billion trade accord with the UK.
The market's biggest cryptocurrency has risen 31% in 30 days, placing it 6.7% behind its all-time high. Crypto exchange Nexo co-founder Antoni Trenchev said:
Bitcoin has recaptured $100,000 for the first time in three months and reinforced its role as the ultimate bounceback asset as US trade talks improve.