Bitcoin surged close to the $100,000 mark early Thursday following comments from former U.S. President Donald Trump about an imminent trade agreement with a “big, highly respected country.” The rally underscores how macroeconomic developments continue to shape investor sentiment in the crypto markets.
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rump is scheduled to host a “major” press conference at 10 a.m. ET to unveil what he called the “first of many” trade deals. Although the name of the country remains undisclosed, speculation is mounting that the United Kingdom may be involved.
This news comes as broader macroeconomic conditions turn favorable for risk assets. Falling bond yields and a weakening U.S. dollar have contributed to a more supportive environment for investments like Bitcoin and technology stocks.
Market analysts suggest that the potential easing of tariffs could help reduce inflationary pressures, thereby increasing investor appetite for high-beta assets—including cryptocurrencies.
Bitcoin's sharp move toward six figures signals renewed bullish momentum in digital assets, driven not just by speculative interest but by real-world policy developments that could influence economic outlooks globally.
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