#BTCBackto100K O Bitcoin has once again surpassed the mark of US$ 100 thousand, being traded at around US$ 103.639 at the moment. This movement represents a significant recovery since the lows of April, when BTC fell to US$ 74 thousand.

What drove this recovery? One of the main catalysts was the announcement of a new trade agreement between the United States and the United Kingdom, promoted by President Donald Trump. This agreement brought relief to the market after a period of economic uncertainties caused by trade tariffs, rekindling the appetite for risk assets like Bitcoin.

Additionally, the prospect of interest rate cuts by the Federal Reserve and the resumption of trade negotiations between the US and China also contributed to investor optimism. Analysts point out that if BTC maintains this pace, it could reach new historical records soon.