Bitcoin is surging towards the $100,000 mark after US President Donald Trump announced a major trade deal expected to be unveiled today, likely involving the UK. His social media post promised a “BIG NEWS CONFERENCE” in the Oval Office at 10 a.m., where he intends to unveil a “MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY. THE FIRST OF MANY!!!” The announcement triggered a surge in cryptocurrency markets, pushing Bitcoin past $99,000 for the first time since February’s peak. While Trump didn’t name the country, media reports suggest it will be the UK, with UK Prime Minister Kier Starmer likely to make a formal announcement today about a trade agreement on tariffs. 1 The news comes after weeks of market optimism spurred by talks between China and US officials over tariffs that are set to meet in Switzerland this week. Bitcoin has surged almost 5% in the past week alone and a remarkable 26% in the last month, as Trump’s trade policies have softened. This comes after he signaled a shift away from his earlier aggressive approach against other nations.