Trump’s Trade Deal Tease Sends BTC, ETH, XRP Surging—Because Nothing Boosts Crypto Like Political Theater

Crypto markets caught a bullish tailwind after former President Donald Trump hinted at a ’major trade deal’—triggering the usual Pavlovian response from traders who still think macroeconomic headlines move altcoin charts.

Bitcoin punched past $65K, Ethereum reclaimed $3,200, and even the perennially lawsuit-plagued XRP managed a 5% bump. All while traditional finance analysts muttered about ’irrational exuberance’ between sips of overpriced espresso.

Pro tip: When a politician mentions ’deal,’ assume it’s 90% posturing and 10% substance. But hey—if it pumps your bags, who’s complaining?

BTC, ETH, XRP, Altcoins Gain

As CryptoPotato reported, Bitcoin’s price is seemingly aimed for the important technical and psychological resistance level at $100,000.

The broader cryptocurrency market is also mostly in green, as seen in the heatmap below.

ETH is up by 3.6%, though it’s worth noting that the protocol went through a major update called Pectra yesterday. It combines a total of 11 Ethereum Improvement Proposals (EIP), including account abstraction designed to transform regular wallets into smart contract-like powerhouses.

XRP is also in the green. Its price is up by almost 2%. Other altcoins such as SOL, DOGE, ADA, AVAX, LINK, TONCOIN, HBAR, and more, are charting gains between 2% and 5%.

Trump Teases Major Trade Deal

Representatives of the United States and China are expected to meet this weekend and discuss a potential trade deal.

That said, US President Donald Trump posted on Truth Social that there will be an announcement of a major deal coming up tomorrow, without sharing any concrete details.

Big News Conference tomorrow morning at 10:00 AM., The Oval Office, concerning a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG AND HIGHLY RESPECTED COUNTRY. THE FIRST OF MANY.