$BTC

Bitcoin is making headlines today after rising from $95,700 to about $99,686 in just a few hours. The sudden rally seems to be directly linked to U.S. President Donald Trump's announcement of a "major trade deal" with a "highly respected country," which The New York Times later identified as the United Kingdom. The publication injected new optimism into global markets and fueled a broader rally in the cryptocurrency market. Meanwhile, Bitcoin's rise is supported by strong market activity - with $83.6 million in short positions and open interest jumping 26% to $64.4 billion - indicating upward momentum. The main reversal pattern remains active, suggesting a potential push towards $100,000 and beyond. While Bitcoin is now very close to the $100,000 mark.