Markets Roar as Trump’s U.K. Trade Deal Sparks Dual Rally: Dow Jumps 250, Bitcoin Smashes $100k

Wall Street and crypto traders high-fived across portfolios today as political headlines lit a fire under both traditional and digital assets. The Dow Jones surged 250 points while Bitcoin—that volatile darling of degenerates and institutions alike—reclaimed the $100,000 psychological threshold.

Trigger: A single Trump tweet hyping ’historic’ U.K. trade terms sent algos into overdrive. Because nothing fuels market irrationality like geopolitical theater and 280 characters.

Bonus jab: Goldman analysts promptly issued a 50-page report explaining why they totally predicted this. (Spoiler: They didn’t.)

Trade deal ‘in the coming weeks’

Investors were in a buying mood as U.S. President Donald Trump confirmed that a trade deal with the United Kingdom may be finalized “in the coming weeks.” The agreement—the first of its kind since the Trump administration imposed widespread tariffs on trading partners—has fueled Optimism that the era of steep tariffs might be temporary.

Boeing stock gained nearly 4%, boosted by news that the deal includes a $10 billion order for Boeing aircraft from London.

Trump also hinted at what he described as the “biggest tax cuts in history,” predicting that the U.S. economy WOULD “soar like a rocket ship.”

U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer are set to meet with their Chinese counterparts in Switzerland over the weekend to discuss trade and economic issues.