Bitcoin zoomed close to $100,000 early Thursday as President Donald Trump said a tariff deal with a “big, highly respected country” is to be announced soon.
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Bitcoin Nears $100K as Trump Teases ‘Big’ Trade Deal

Bitcoin Surges Toward $100K Amid Optimism Over Major U.S. Tariff Deal

Bitcoin price soared early Thursday, nearing the $100,000 mark, after President Donald Trump teased an imminent tariff agreement with a “big, highly respected country.” The news has sparked renewed optimism across crypto markets and broader risk asset classes.

Trump is scheduled to hold a major trade deal press conference at 10 a.m. ET, which he described as the “first of many” announcements. While the specific country involved hasn’t been confirmed, multiple reports suggest it may be the United Kingdom.

Favorable Tariff News Could Boost Crypto Investment

A tariff rollback could ease inflationary pressures, reduce import costs, and improve sentiment for investing in high-beta assets such as cryptocurrencies, technology stocks, and other growth-oriented sectors.

“Easing tariffs would reduce cost burdens and potentially reinvigorate investor appetite for Bitcoin and other digital assets,” analysts noted.

As macroeconomic conditions shift, Bitcoin has posted a 5% gain in the past 24 hours, extending its bullish rally that began earlier this week.


What’s Fueling Bitcoin’s Price Rally?

Several macroeconomic catalysts are pushing Bitcoin price upward:

  • 📉 Falling bond yields signal lower long-term interest rate expectations.

  • 💵 Weakening U.S. dollar increases appeal of dollar-denominated assets like Bitcoin.

  • 🏦 Renewed institutional inflows into spot Bitcoin ETFs are adding significant buying pressure.

These factors combined with trade policy optimism are helping Bitcoin regain bullish momentum — with prices rapidly approaching six-figure territory.


Geopolitical Pressure and the Crypto Outlook

The potential tariff deal announcement also comes amid growing political pressure on U.S. leadership to counter China’s economic influence and revive domestic manufacturing.

Though full details of the trade agreement remain undisclosed, any shift toward tariff relief could significantly improve the investment environment for risk assets, including cryptocurrencies.

If confirmed, the deal could be a turning point for market sentiment — giving a further boost to Bitcoin and the broader crypto ecosystem.

 

1 Comment

  • SirDwayne May 9, 2025

    A few weeks ago, people were screaming “bull trap,” “wait for $60K,” and now we’re suddenly staring at $100K like it’s just another weekend forecast.

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