Bitcoin Rises as Trade Talks Offer Optimism

Bitcoin prices recently soared to over $95,000, boosted by growing optimism regarding potential trade talks between the UK and the US. These positive developments contrast with earlier challenges faced by cryptocurrencies due to tariffs in the first part of 2023. As we enter Q3’s second half, the outlook appears more bullish for the cryptocurrency market. This shift is fueled by evolving dynamics in the cryptocurrency arena, particularly a surge in ETF applications.