Bitcoin Breaches $100K Threshold as Trump Announces UK Trade Deal—Just as Predicted by Crypto Bulls
Market euphoria hits fever pitch as Bitcoin’s parabolic rally defies gravity—and traditional finance skeptics—on the back of geopolitical tailwinds.
Trade deal catalyst: The impending US-UK agreement fuels institutional FOMO, with crypto markets interpreting the news as dollar-weakening policy at play. Because nothing pumps digital assets like old-school economic diplomacy.
Wall Street analysts scramble to update price targets while Bitcoin maximalists smugly retweet their 2018 ’hyperbitcoinization’ takes. The irony? This ATH comes not from crypto-native adoption, but from fiat system maneuvering.
As the orange coin eats zeros, one question lingers: When will the suits realize they’re trading monetary sovereignty for Trumpian headline volatility?
Bitcoin inches toward $100,000
When Trump published his post, Bitcoin (BTC) was trading at around $97,759 and has since crept up closer to the psychological $100,000 price level to trade at $99,140 at the time of publication, according to CoinMarketCap data.
Bitcoin is trading at $99,140 at the time of publication. Source: CoinMarketCap
Several Bitcoiners are crediting the rally toward $100,000 to speculation surrounding the trade deal.
FOMO21 co-founder Neil Jacobs said on X that the Bitcoin rally was primarily due to Trump’s announcement.
Crypto entrepreneur Anthony Pompliano said the incoming trade deal “means odds are increasing we hit new all-time highs in 2025.”
Bitcoin reached its current all-time high of $109,000 on Jan. 20, just hours before Trump’s inauguration.
Pandora CEO Sahib Anandsongvit said that he “can’t stop to think” how Bitcoin was $80,000 only a few weeks ago before pointing out Bitcoin’s $98,000 price at the time of the post and reiterating Trump’s looming trade deal. Bitcoin last traded at the $80,000 price level on April 11 and only reclaimed $90,000 on April 22.
Trump’s post came just hours after the US Federal Reserve announced that it would keep interest rates at 4.25% to 4.50% despite mounting pressure from Trump to lower interest rates.
Bitcoin has not hit $100,000 since Feb. 1 after Trump proposed import tariffs on China, Canada and Mexico. Meanwhile, crypto market participants appear to be more bullish on the overall market, with the Crypto & Fear Index reading a “Greed” score of 65.
Bitcoin’s 3% increase over the past 24 hours has led to approximately $96 million in short positions liquidated, according to CoinGlass data.
