$BTC Bitcoin (BTC) is experiencing a significant surge, nearing the $100,000 mark. As of now, BTC is trading at approximately $99,603, reflecting a 2.7% increase over the previous close.
Several key factors are contributing to this upward momentum:
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1. Anticipation of a Major U.S.-U.K. Trade Deal
Former President Donald Trump has hinted at a significant trade agreement with the United Kingdom, scheduled to be announced today. This speculation has fueled investor optimism, leading to a rally in Bitcoin's price.
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2. Federal Reserve's Decision to Hold Interest Rates Steady
The U.S. Federal Reserve recently decided to maintain current interest rates, citing concerns over unemployment and inflation. This move has bolstered risk-on sentiment among investors, benefiting assets like Bitcoin.
