Bitcoin Nears $100K as Trump Teases Major UK Trade Deal

Bitcoin is approaching a significant milestone of $100,000 fueled by expectations of a major trade deal between the U.S. and the United Kingdom, announced potentially by President Donald Trump on May 8th. This anticipation has led to a surge in Bitcoin’s price, according to CoinMarketCap data which shows it rose from $97,759 to $99,140. The current price is only shy of its all-time high of $109,000 recorded on January 20th — the day of Trump’s inauguration. Analysts attribute this jump to optimism surrounding a potential trade agreement and are watching closely for a confirmed deal that could signal a significant shift in market sentiment.