Bitcoin steadied above the $100,000 mark on Friday, buoyed by renewed investor optimism following a trade agreement between the US and UK.
The world’s largest cryptocurrency hovered near $102,000, as traders welcomed signs of easing global trade tensions.
The rally gained momentum after US President Donald Trump and British Prime Minister Keir Starmer announced what they described as a “breakthrough deal” on Thursday. The agreement maintains a 10% tariff on British goods entering the US but includes a reduction in UK tariffs on American imports from 5.1% to 1.8%.
Analysts interpreted the move as a signal that Trump may be ready to backtrack on some of the aggressive trade measures that have rattled global markets since his return to the White House earlier this year.
