Why Is Crypto Going Up Today: Bitcoin Breaks Above $100,000 Milestone Again

Bitcoin has officially surpassed the $100,000 mark today, breaking through this historic threshold after weeks of upward momentum.

Bitcoin's historic achievement comes amid significant diplomatic developments on the global stage. President Donald Trump announced a "major trade deal" with what he called a "big, and highly respected, country" yesterday via Truth Social, which sources familiar with the matter have identified as the United Kingdom.

This US-UK agreement signals potential de-escalation of global trade tensions, improving risk appetite across financial markets.

Meanwhile, US Treasury Secretary Scott Bessent's trip to Switzerland to meet with China's Ministry of Commerce officials has sparked additional optimism. "The current tariffs and trade barriers are unsustainable, but we don't want to decouple," Bessent stated during his announcement.

These diplomatic initiatives have contributed to a broader cryptocurrency market rally, with total market capitalization rising approximately 2.5% in the last 24 hours to reach $3.09 trillion today.

Why Is Crypto Going Up Today: Bitcoin Breaks Above $100,000 Milestone Again

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Why Is Crypto Going Up Today: Bitcoin Breaks Above $100,000 Milestone Again

By Yousra Anwar Ahmed

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Created 1w ago, last updated 1w ago

Bitcoin Breaks Above the $99,000 Barrier as Global Trade Deals Fuel Historic Rally



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Bitcoin has officially surpassed the $100,000 mark today, breaking through this historic threshold after weeks of upward momentum.

Bitcoin's historic achievement comes amid significant diplomatic developments on the global stage. President Donald Trump announced a "major trade deal" with what he called a "big, and highly respected, country" yesterday via Truth Social, which sources familiar with the matter have identified as the United Kingdom.

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