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May 8, 2025

Bitcoin Rallies Near $100K After Trump’s UK Trade Deal Tease

Bitcoin has captured headlines today due to a sudden price surge from $95,700 to nearly $99,686 within hours. This rally correlates with U.S. President Donald Trump’s ambiguous announcement of a major trade deal with a highly respected country, later revealed by The New York Times to be the United Kingdom. This development has triggered speculation among investors, linking geopolitical events with market movements. As Bitcoin edges closer to the significant $100,000 threshold, many investors are keen to understand how such announcements impact cryptocurrency prices and market dynamics. Keeping abreast of both crypto and economic news could prove beneficial for stakeholders navigating the evolving landscape.

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