Finance
Bitcoin Tops $100,000 on Trade Deal Optimism
Published by Global Banking & Finance Review®
Posted on May 8, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleQuick Summary
Bitcoin hits $100,000 as US-UK trade deal boosts market confidence, marking a 4.8% daily gain and recovery in cryptocurrency trends.
Bitcoin Reaches $100,000 on US-UK Trade Deal Optimism
NEW YORK (Reuters) - Bitcoin topped $100,000 on Thursday for the first time since early February, bolstered by a wide-ranging deal between the United States and the United Kingdom in a sign that perhaps U.S. President Donald Trump's trade war with the rest of the world is easing.
By midday, bitcoin was trading at $101,402.19, a 4.8% gain on the day. The world's biggest cryptocurrency has clawed its way back into positive territory for the year, although it remains off the all-time high above $109,000 reached in January.
(This story has been corrected to fix the record level to above 109,000, not 107,000 and month to January, not December, in paragraph 2)
(Reporting by Tommy Reggiori Wilkes and Gertrude Chavez-Dreyfuss; Editing by Mark Porter)
Key Takeaways
- •Bitcoin surpasses $100,000 for the first time since February.
- •US-UK trade deal boosts market confidence.
- •Bitcoin gains 4.8% in a single day.
- •Cryptocurrency market shows signs of recovery.
- •Previous all-time high was over $109,000 in January.
Frequently Asked Questions about Bitcoin tops $100,000 on trade deal optimism
1What is the main topic?
The article discusses Bitcoin's price surpassing $100,000 due to optimism from a US-UK trade deal.
2How did Bitcoin perform recently?
Bitcoin gained 4.8% in a day, reaching $101,402.19, marking a recovery in the cryptocurrency market.
3What influenced Bitcoin's price increase?
The price increase was influenced by a trade deal between the US and UK, suggesting easing trade tensions.
