Bitcoin nears $100K as Trump set to reveal trade deal with UK

Bitcoiners expect Bitcoin to soon break past $100,000 and potentially hit a new all-time high as US President Donald Trump is set to announce a trade deal with the UK.Trump said in a May 7 Truth Social post that a “major trade deal” with a “big, and highly respected, country” would be announced on May 8, which The New York Times reported would be the UK, citing three people familiar with the plans. Bitcoin inches toward $100,000 When Trump published his post, Bitcoin BTC BTC - $108894.339 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.

Source: cointelegraph.com

Related symbols: BTCUSD

2025-05-08 05:42:04 GMT.

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Price & Market Data

Price: $108894.339

Volume 24h: $50,755,190,900.24

Market Cap: $2,163,647,757,875.36

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,869,225. The last known price of Bitcoin is 108,856.99036676 USD and is down -0.44 over the last 24 hours. It is currently trading on 12185 active market(s) with $52,514,449,424.47 traded over the last 24 hours. More information can be found at https://bitcoin.org/.