Crypto Markets Soar as Trump-UK Tariff Deal Signals Potential Trade War Thaw
- Bitcoin has surged past US$100k for the first time in months while Ethereum leads altcoins with a remarkable 22 per cent daily gain.
- Trump’s UK tariff agreement has sparked optimism across crypto and equity markets despite some economists dismissing it as merely a “framework”.
- The crypto rally coincides with broader market gains as the S&P 500 rose 0.6 per cent and Asian markets showed positive movement.
- All eyes are now on upcoming US-China trade talks in Switzerland this weekend, which could further reduce market tensions if successful.
Bitcoin (BTC) & Co. are surging today, with BTC making it past the US$100k mark again for the first time in several months.
At the time of writing, BTC is up almost…