Bitcoin Smashes $100K Barrier as US-UK Trade Deal Inks and Arizona Goes Full Crypto-Reserve

History made as Bitcoin’s price rockets past the six-figure threshold—just as geopolitical and regulatory stars align. Two seismic events fuel the surge:

1.
US-UK Digital Trade Pact
: The ’special relationship’ gets a blockchain upgrade with cross-border crypto frameworks. Traders cheer as compliance headaches shrink.

2.
Arizona’s Hard Money Gambit
: State treasury now authorized to hold BTC reserves. Critics scoff—’because volatile assets always pair well with taxpayer funds.’

Market reacts with predictable euphoria. Meanwhile, Wall Street quietly files 37 new Bitcoin ETF applications. Some things never change.

When do YOU think Bitcoin breaks $100K again?
Drop your guess + reasoning
Let’s see who’s got the alpha#BTC #Crypto #Endless #meme pic.twitter.com/7sTATFaVfK

— Endless (@EndlessProtocol) May 8, 2025

However, while Bitcoin enjoys renewed dominance, the broader altcoin market has struggled to keep pace.

Trump’s Trade Deal With UK: Major Catalyst For Bitcoin?

On 8 May 2025, a Reuters report confirmed the US-UK trade deal, where Trump and the British Prime Minister Keir Starmer announced a “breakthrough deal” on trade.

Cutting down the infamous Trump’s tariffs, the trade deal includes a 10% tariff on goods imported from the UK while Britain agreed to lower its tariffs to 1.8% from 5.1% and provide greater access to US goods.

Key Takeaways

• With the $100,000 psychological barrier breached, traders are now eyeing $105,000 as the next key resistance level. 

• Should the US-UK trade deal progress smoothly, bulls argue that the path to $120,000 could open rapidly.