Trump’s Trade Deal Tease Pushes Bitcoin Closer to $100K.

Bitcoin surged toward $100,000 early Thursday after President Donald Trump hinted at the upcoming announcement of a major trade deal with a “big, highly respected country.”

Trump is scheduled to hold a significant press conference at 10 a.m. ET, where he will unveil the deal, calling it the “first of many” such agreements. While the country involved has not been officially revealed, reports suggest it could be the United Kingdom. A deal that reduces tariffs could help alleviate inflationary pressures, creating a more favorable investment environment for high-risk assets, including Bitcoin.

Bitcoin jumped more than 5% in the last 24 hours, continuing its positive trend over the past week as global macroeconomic factors improve. A combination of declining bond yields, a weakening dollar, and renewed institutional interest in spot Bitcoin ETFs has helped fuel the upward momentum.

This announcement comes as U.S. policymakers face increasing political pressure to respond to China’s growing influence and revive domestic manufacturing. Although full details are still unknown, any reduction in tariffs could lead to an immediate boost in risk asset prices, including cryptocurrencies like Bitcoin.