#BTCPrediction On Thursday morning, Bitcoin approached $100,000, as President Donald Trump announced that a tariff deal with a 'great, very respected country' would soon be revealed. Trump will hold a press conference regarding an 'important' trade agreement at 10:00 AM Eastern Time, where the announcement is expected to be 'the first of many'.
The identity of the country in question remains unclear. Nevertheless, some reports suggest that a tariff reduction in the United Kingdom could alleviate inflationary pressures and improve the backdrop for investing in crypto, technology, and other high beta assets.
In the last 24 hours, Bitcoin has risen by more than 5%, continuing its weekly rally amid improved macroeconomic conditions.
A combination of falling bond yields, a weakening dollar, and a revival of institutional flows into spot Bitcoin ETFs has fueled the increase. This statement also comes amid rising political pressure on U.S. leaders to counter the growing influence of China and revive domestic manufacturing. While all details remain confidential, any tariff rollback could quickly elevate prices for risk assets.