Bitcoin’s Bullish Surge: Trump’s UK Trade Deal Sparks Crypto Rally
Bitcoin experienced a significant surge, climbing from $95,700 to nearly $99,686 within hours, driven by U.S. President Donald Trump’s announcement of a "major trade deal" with the United Kingdom. This cryptic post injected optimism into global markets, triggering a broader cryptocurrency rally. Market activity highlights strong bullish momentum, with $83.6 million in shorts liquidated and open interest spiking 26% to $64.4 billion. A key reversal pattern suggests potential upside for Bitcoin, as traders and investors react positively to the geopolitical developments. The rally underscores the growing influence of macroeconomic factors on cryptocurrency markets, with Bitcoin leading the charge as a digital asset increasingly viewed as a hedge against traditional market uncertainties. As of May 28, 2025, the cryptocurrency community remains watchful for further developments that could propel Bitcoin to new heights.
Why Bitcoin Is Up Today? Trump’s UK Trade Deal Tease Sparks Rally
Bitcoin surged from $95,700 to nearly $99,686 within hours, fueled by U.S. President Donald Trump’s announcement of a "major trade deal" with the United Kingdom. The cryptic post injected Optimism into global markets, triggering a broader crypto rally.
Market activity underscores bullish momentum—$83.6 million in shorts liquidated, open interest spiked 26% to $64.4 billion. A key reversal pattern suggests potential upside toward $100,000, though volatility persists amid lack of deal specifics.
Fed’s Monetary Policy Challenges Bitcoin’s True Potential
The Federal Reserve’s ongoing monetary tightening is exerting pressure on Bitcoin, with economist Timothy Peterson warning that excessive contraction of the money supply could trigger deflationary risks. Peterson argues this environment stifles spending and economic growth, directly impeding Bitcoin’s ability to realize its long-term value proposition.
Criticism centers on the Fed’s aggressive policy reducing liquidity faster than anticipated, creating headwinds for risk assets. While Bitcoin’s price resilience at $99,787 demonstrates its store-of-value characteristics, the macroeconomic climate presents near-term challenges for cryptocurrency markets.
LockBit Ransomware Group Suffers Major Breach, 60K Bitcoin Addresses Exposed
A significant breach has destabilized the LockBit ransomware group, with nearly 60,000 Bitcoin addresses linked to their operations leaked online. The exposure followed a hack of their dark web affiliate panel, delivering an unexpected advantage to law enforcement and blockchain analysts tracking illicit financial flows.
The attackers left a taunting message—"Don’t do crime. CRIME IS BAD xoxo from Prague"—mocking LockBit’s global ransomware campaigns. The leaked MySQL database dump contained 20 tables detailing the group’s operations, including ransomware variants and transactional footprints.
This incident underscores the vulnerabilities of even the most entrenched cybercriminal networks. The data trove offers unprecedented visibility into Bitcoin-based money movements, potentially disrupting future ransomware financing.
Bitcoin Solaris Unveils Mobile Mining Solution with Solaris Nova App
Bitcoin Solaris is set to disrupt the cryptocurrency mining industry with its upcoming Solaris Nova App, enabling smartphone-based bitcoin mining. The mobile-first approach eliminates the need for expensive rigs and high energy consumption, democratizing access to crypto mining.
The innovation arrives as traditional mining becomes increasingly centralized and cost-prohibitive for retail participants. By leveraging energy-efficient technology, Bitcoin Solaris taps into growing demand for sustainable crypto solutions.
While numerous mining projects exist, none have successfully delivered a truly mobile-compatible solution at scale. The development could position Bitcoin Solaris as a standout project in 2025’s competitive crypto landscape.
Bitcoin Prices Surge to Three-Month High Amid Short Squeeze
Bitcoin rallied to $99,406, marking its highest level in three months as a wave of liquidations hammered short sellers. The cryptocurrency’s sharp ascent triggered $300 million in total liquidations across digital asset markets, with $215 million stemming from bearish bets. Bitcoin alone accounted for $114.5 million of the carnage—$96.2 million from shorts and $18.3 million from longs.
Market momentum accelerated as global crypto capitalization climbed 2.7% to $3.06 trillion, while trading volumes spiked 25% to $104.3 billion. The moves reflect growing institutional participation and renewed retail interest following months of sideways price action.
Trump Advisor David Bailey Raises $300M for Bitcoin Investment
BTC Inc. CEO David Bailey, a crypto advisor to former U.S. President Donald Trump, has secured $300 million for a new Bitcoin-focused investment vehicle named Nakamoto. The fund, referencing Bitcoin’s pseudonymous creator, will allocate $200 million to equity investments and $100 million to convertible notes. Launched discreetly in January, Nakamoto aims to position itself as a major institutional player in Bitcoin markets.
The firm plans to go public via a reverse merger with a Nasdaq-listed company, with deal specifics anticipated next week. A late summer public offering is targeted. This MOVE signals growing institutional confidence in Bitcoin as an asset class, leveraging Bailey’s political connections and market influence.
