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Bitcoin Surges Past $100,000 Following US-UK Trade Deal and Institutional Inflows

The cryptocurrency market rallies as Bitcoin hits its highest level since February, driven by trade optimism, steady Fed policy, and ETF investments.

Overview

  • Bitcoin crossed the $100,000 mark for the first time since February, reaching highs of over $104,000 in volatile trading sessions.
  • President Donald Trump announced a US-UK trade agreement, easing tariff concerns and boosting investor confidence across risk assets.
  • Institutional investors contributed $142 million in spot Bitcoin ETF inflows on Wednesday, signaling growing adoption by major financial players.
  • Ethereum and other altcoins saw double-digit gains, with Ethereum surpassing $2,200, marking its strongest performance in over two months.
  • Analysts forecast further upside for Bitcoin, with projections of $120,000 by the end of Q2, as market sentiment remains bullish.