Bitcoin (BTC), the largest cryptocurrency, broke past the psychological $110,000 mark this afternoon, Thursday (July 3). This surge coincides with U.S. President Donald Trump granting tariff relief to Vietnam.
Bitcoin saw a modest 2.1% jump in the past 24 hours, yet this positively impacted other cryptocurrencies, which generally turned green.
Currently, Bitcoin's market capitalization has reached $2.1 trillion, with a trading volume of approximately $35.8 billion. Its circulating supply is now thinning, standing at 19,886,806 out of a maximum of 21 million.
For context, Trump announced that the U.S. has reached a trade agreement with Vietnam. Under this deal, Vietnam will pay only 20% tariffs on goods imported from the U.S. and 40% on reshipments.