#BTCBreaks99K Bitcoin inches toward $100,000

When Trump published his post, Bitcoin

BTC

$99,664

was trading at around $97,759 and has since crept up closer to the psychological $100,000 price level to trade at $99,640 at the time of publication, according to CoinMarketCap data.

Several Bitcoiners and analysts are crediting the rally toward $100,000 to speculation surrounding the trade deal.

Australian crypto exchange BTC Markets’ head of finance, Charlie Sherry, told Cointelegraph that “as everyone else was looking down and calling for lower,” Bitcoin’s price did the opposite.