Trump’s $6 Billion Trade Deal With The UK Pushes Bitcoin Past $100,000

Bitcoin has surpassed $100,000 for the first time since February, driven by optimism following a shift in President Trump's tariff policies. Previous aggressive tariff strategies negatively impacted Bitcoin, causing a 25% decline from its January high. A pause in the "tariff war" and a $6 billion trade deal with the UK triggered a rebound in crypto prices. Bitcoin has surged 31% in the last thirty days, positioning it close to its all-time high. Ethereum and Dogecoin have also experienced significant gains following this shift. This resurgence is attributed to a supportive pro-crypto administration and increased ETF investor interest. Analysts caution that global macroeconomic and geopolitical uncertainties could test Bitcoin's resilience. Bitcoin has outperformed traditional markets since the tariff policy introduction, suggesting its appeal as a hedge. To confirm the upward trend, Bitcoin needs to break above its January high. Experts predict a price range between $70,000 and $109,000 in the coming months but emphasize that reclaiming $100,000 is a notable achievement.