#BTCBackto100K Did you know? đCrypto is up today!đ Hereâs why:
1. US-UK Trade Deal Boosts Confidence
President Trump announced a significant trade deal with the UK, easing global tensions and boosting investor confidenceâincluding in crypto.
2. Fed Holds Interest Rates Amid Stagflation Concerns
The Federal Reserve kept interest rates steady at 4.25%-4.50%. With slow growth and persistent inflation, investors are turning to Bitcoin as "digital gold."
3. Market Reacts Strongly
The crypto market capitalization surpassed $3 trillion for the first time in over 8 weeksâa 2.5% increase in just 24 hours.
4. Altcoins on the Rise
Ethereum (ETH) has risen over 13%, trading around $2,047. Other coins like ADA and XRP are also seeing strong gains.
5. Institutional Investment on the Rise
Spot Bitcoin ETFs reached $40.62 billion in inflows, while Arizona just passed a bill to add Bitcoin to its state reservesâclear signs of growing mainstream adoption.
