Bitcoin Storms Past $100,000 on Global Trade Deal Hopes
Bitcoin has officially reclaimed the $100,000 mark, electrifying both the crypto markets and traditional financial sectors. Bitcoin price surge and Bitcoin hits $100K are headlines sweeping the globe, as optimism over a fresh US-UK trade deal signals hope for more stable markets and an end to escalating tariffs. Here’s a breakdown of what pushed the world’s top cryptocurrency back over this symbolic threshold and where the market might go next.
Bitcoin Price Surge: Driven by Breakthrough US-UK Trade Deal
After languishing near $74,000 just a month ago, bitcoin now sits comfortably above $100,000, marking a dramatic shift in fortune. The fresh surge comes on the heels of a comprehensive trade deal announced jointly by President Trump and British Prime Minister Keir Starmer. The deal leaves a 10% tariff on British goods entering the US but sees the UK dropping its tariffs from 5.1% to 1.8% on US imports, while also offering American companies expanded market access.
The significance of the agreement is twofold. Not only does it end months of escalating trade tensions, but it also represents the first major deal since Trump reignited his global trade war spree upon returning to the White House in January.
Antoni Trenchev, co-founder of Nexo, a digital asset platform, summed up the situation well, noting, “The retaking of $100,000 must go down as one of bitcoin’s more formidable feats and is a reminder that buying peak fear… can be exceptionally lucrative.”
Bitcoin Hits $100K as Risk Appetite Returns
By midday Thursday, bitcoin was trading at $101,329.97, a 4.7% gain on the day and enough to bring it back to a net positive for the year. While still short of its all-time high above $109,000 set in January, the move past $100K fuels optimism that new records could be within reach.
Risk appetite has returned quickly following the trade breakthrough, reversing much of the caution that took over markets between February and April. During that period, bitcoin and other digital coins sank amid worries about the slow progress of Trump’s pro-crypto reforms and fresh tariff threats.
Long-Term Holders Fuel the Rally
The driving force behind the surge is mostly long-term holders, those who have kept their coins for at least 155 days. Their buying activity has decisively outpaced selling among short-term traders. According to market analysts, this kind of foundation bodes well for price stability, especially if institutional flows keep entering the market.
Joel Kruger, market strategist at LMAX Group, pointed out that “institutional investor inflows into bitcoin exchange-traded funds, easing geopolitical tensions, and Chinese measures to boost monetary stimulus” all contributed to the rapid rebound.
Global Markets React to Bitcoin Price Surge
Bitcoin’s climb back above $100,000 has injected fresh energy into digital asset markets, but the rally isn’t universal. Ether, the native token for the Ethereum blockchain, soared more than 14% to $2,050.46 after hitting its best level since late March. Still, it remains over 50% off its peak from late 2024. Most other cryptocurrencies haven’t matched bitcoin’s pace of recovery, underlining the outsize role bitcoin continues to play.
Traditional Assets Watch Closely
Traditional financial assets have also responded positively, although with noted caution. Equities edged higher, and some safe-haven assets pulled back, yet many investors remain watchful given how fast market sentiment can shift. The interplay between bitcoin price surge, global trade, and monetary policies is increasingly significant for mainstream finance.
Why Bitcoin Price Moves Matter Beyond Crypto
The latest bitcoin price surge serves as a barometer for risk sentiment across global markets. When confidence returns, bitcoin acts as a leading indicator for risk assets ranging from stocks to commodities.
During the recent slump caused by stalled policy reforms and new tariffs, many traders rushed to safety—including safe-haven currencies and government bonds. The sharp turnaround reflects not just improved crypto fundamentals but also broader optimism that the new trade approach could foster global growth.
Geopolitics, Policy and the Crypto Cycle
Geopolitical shifts and policy news now ride shotgun with technical charts and blockchain metrics as drivers for bitcoin price. The rapid turn after Trump’s tariff détente reinforces just how sensitive the crypto market is to global headlines.
Could Bitcoin Hit New All-Time Highs Soon?
While the $100,000 milestone is already a psychological victory, attention naturally turns to the January peak above $109,000. With institutional investor inflows rising, demand from long-term holders growing, and the macro environment improving, analysts suggest new highs are well within sight.
Antoni Trenchev remarked, “The speed of the rebound to $100,000 amid a resumption of risk appetite sends a signal that $109,000 and above are in its sights.”
However, not all digital assets will benefit equally. Despite ether’s strong move, its recovery is only partial. Most alternative cryptocurrencies are still struggling to regain lost ground, highlighting bitcoin’s dominant position in the crypto ecosystem.
Source
Reuters – Bitcoin retakes $100,000 on global trade deal optimism
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