Back To Top

May 8, 2025

Bitcoin Nears 100K Mark Following Trump’s Trade Deal Hints and Weak Dollar Impact

Investor optimism surrounding Bitcoin has surged as Trump hints at a significant trade deal, aiming to reduce tariffs and control inflation. This sentiment drives Bitcoin closer to breaking the crucial $100,000 threshold. Favorable conditions, such as a weakening U.S. dollar and declining bond yields, create an advantageous climate for risk assets. With increased institutional inflows into Bitcoin ETFs, investors are keen to see how these developments will affect the cryptocurrency’s trajectory in the coming days.

Prev Post

GBP/USD Recovers Strength Amid Trump Trade Policy Speculation

Next Post

NZD/USD Steady Near 0.5950 Amid US-China Trade Talks Speculation

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment