Bitcoin surges past $100,000 amid US‑UK trade deal boost
Following the announcement of the trade agreement between the US and the UK, Bitcoin experienced a significant increase, reaching its highest value since February. CNBC reports that the price of this cryptocurrency exceeded $100,000, indicating growing investor confidence in an unstable macroeconomic environment.
The decision by Donald Trump's administration to announce the trade agreement between the US and the UK contributed to the revival of the cryptocurrency market. As the most popular cryptocurrency, Bitcoin gained value and, for the first time since February, exceeded $100,000, reaching a price of $101,679.85.
According to Coin Metrics data, the increase was almost 6 percent within a few hours, beginning just after the White House announced the outline of the trade agreement.
Despite earlier turbulence caused by Trump's tariff policy, which created market uncertainty, Bitcoin has become an alternative asset.
In times of uncertainty, investors increasingly turn to safe havens such as cryptocurrencies, which offer greater resilience to traditional economic fluctuations.
Not only is Bitcoin rising
Antoni Trenchev, co-founder of the cryptocurrency exchange Nexo, noted that Bitcoin is still susceptible to volatility but can become an attractive alternative for investors seeking stability in an unstable global environment.
Meanwhile, other cryptocurrencies such as Ethereum, Solana, and Dogecoin have increased, but Bitcoin remains the leader in this field.
Despite these increases, experts predict that Bitcoin will not be fully safe until it reaches the maximum of $109,000 in January. In the next two months, Bitcoin's rate may remain between $70,000 and $109,000, and further market stabilization depends on the final decisions of the Trump administration regarding trade policy, reports suggest.
