May 8 news, according to Jinshi reports, after Trump announced a trade agreement with the UK, it is expected that trade tensions will ease, which pushed Bitcoin to break through the $100,000 mark for the first time since February this year. On Thursday, the largest digital asset rose by 3.4%, and most other major tokens also increased, with Ethereum surging by 12%. On January 20, the day Trump was inaugurated, Bitcoin's price rose to a record level of around $109,000. Trump stated that the full details of the agreement will still be negotiated in the coming weeks. However, under the agreement, the UK will expedite the customs process for American goods and reduce barriers to agricultural, chemical, energy, and industrial exports. This is the first agreement since Trump imposed high tariffs on dozens of American trade partners.
Analysis: Easing Global Trade Tensions Propel Bitcoin Past $100,000
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Windward Bio (WWB.US) plans to list in the US and aims to raise up to 100 million dollars, with multiple drugs licensed to Chinese pharmaceutical companies.
Windward Bio Group filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) last Friday, aiming to raise up to 100 million dollars.

A Contrarian Amid the Selloff in French Bonds: 370 billion AUD Pension Fund Increases Holdings, Betting That Fiscal Risks Are Overestimated
Australia's second largest pension fund is buying French government bonds. The institution believes that the market has overreacted in pricing France's fiscal predicament and the European Central Bank's interest rate hike outlook.
Bravida Names Caroline Starck Head of Communications for Sweden
Tether is Developing AI-Powered Bitcoin Mining Management Technology! Here are the Details
