Bitcoin Eyes 100k as Trump teasing great trade

Bitcoin rose to $ 98,933. May rise 2.6% within 24 hours, because the markets reacted to the announcement of President Donald Trump in the Command of the Trump Agreement.

Surga follows 8. May announcement About the truth of the Social Content of the US Donald Trump, who said a press conference in the Oval Office to announce the “great” country “. Trump described the contract as” first of many “, suggesting more international agreements.

Although Trump did not mention a particular country, New York Times export It is expected to be the United Kingdom, according to three sources familiar with discussions. Merchants welcomed the update as a potential step towards relieving global trade pressures. Tariffs were a key care for markets in recent months, and the earlier moves of Trump administration leading to the instability through capital and crypto.

Bitcoin (Btc) Last time he reached his days of $ 109,000 at 20. January, soon before Trump inauguration. The address was harshly after American in April raised tariffs in China, she was falling over $ 88,000 at a lower than $ 74,500. Since then, he has been continuously refutable, floating the renewed inflow of trading, weaker dollar and improving the feelings of investors.

In a separate but related development, the Secretary for Vault Scott Bessent has also been cut meet With Chinese best officials in Switzerland this week. This is a significant development because the US-China relations in April stayed tense after the interrelation of the Tariff in April. The meeting marks the first formal attempt to make it easier tariffs Stalemate, who dragged Bitcoin under $ 75,000 before his current jump.

The recent recovery of bitcoin also supported other macro reildvinds. The Federal Reserve Decision is 7. May retain Interest rates between 4.25% and 4.50% gave markets a little relief, even as the Jerome Powell chair quoted “enhanced uncertainty” due to Trump’s trade policy. Powell stressed resistance to economics and low unemployment as the reasons to keep tightening. He also admitted that inflation was still above the goal.

With the growth and macroam moment Conditions Stabilization, break over $ 100,000 for Bitcoin now is achieved in the coming days. The bulls carefully observe how the means tests a key psychological level.