US EditionBitcoin Close To $100,000, Ethereum, XRP, Dogecoin Pump As Trump Touts Trade Deal With The UK
- Bitcoin surged close to $101,330 on May 8, 2025, reaching above $100,000 for the first time since February amid a major trade deal announcement between the U.S. And U.K.
- The rally followed President Trump's announcement of a so-called breakthrough trade deal with the U.K. That eases tariff tensions after years of his global trade war initiating tariffs in early 2024.
- Other cryptocurrencies also climbed, including Ether surging over 14% to $2,050, XRP rising to $2.20, and Dogecoin gaining nearly 6%, while Bitcoin saw increased large transactions and daily active addresses.
- Market experts credit the surge to easing geopolitical tensions, institutional inflows into Bitcoin ETFs totaling over $40 billion, and improving macroeconomic conditions like a weakening dollar and falling bond yields.
- The trade deal's tariff adjustments and related optimism could support further price gains, potentially pushing Bitcoin back toward its all-time high above $109,000, while investor sentiment remains cautiously optimistic.
61 Articles
61 Articles
Trump Trade News Ignites Bitcoin Mania—$100K Coming? - Overpasses For America
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word bega…
Bitcoin reclaims $100,000 as trade tensions ease | Honolulu Star-Advertiser
NEW YORK/LONDON >> Bitcoin topped $100,000 today for the first time since early February, bolstered by a wide-ranging deal between the United States and the United Kingdom in a sign that perhaps U.S. President Donald Trump’s trade war with the rest of the world is easing.
Bitcoin breaks the $100,000 barrier after a key announcement by Donald Trump
Bitcoin registered new climbs on Thursday and broke the US$100,000 barrier. In concrete numbers, it quoted US$101,503 at 15.20, an increase of 5.4% in the last 24 hours, according to Lemon data. Other cryptocurrencies also quoted upwards: ethereum (14.24%), solana (9.55%), XRP (5.75%) and BNB (2.92%). The boost in bitcoin value comes after US President Donald Trump announced a new trade agreement with the United Kingdom. It is the first bilatera…
Best Crypto to Buy as Bitcoin Passes $99K Following US Trade Deal Progress
Bitcoin just broke back above $99,000 as the crypto market reacts to some pretty big geopolitical news. After Trump teased a “major trade deal” with a “highly respected” country, traders took it as a sign that global tensions might ease up. That’s been a weight on risk assets for weeks, so this shift could spike […] The post Best Crypto to Buy as Bitcoin Passes $99K Following US Trade Deal Progress appeared first on Modern Diplomacy.
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