Bitcoin Nears $100K as Trump Teases ‘Big’ Trade Deal
Image Credit: coindesk- Bitcoin neared $100,000 as President Donald Trump announced an imminent tariff deal with a “big, highly respected country,” possibly the U.K.
- The trade agreement is expected to ease inflationary pressures and improve conditions for investing in crypto, tech, and other risk assets.
- Bitcoin’s recent rally, up over 5% in 24 hours, is supported by falling bond yields, a weaker dollar, and increased institutional inflows.
- The deal reflects growing political efforts in the U.S. to counter China’s influence and revive domestic manufacturing.
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