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

Date: 2025-05-08

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 $100,000When Trump published his post, Bitcoin (BTC) 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.Bitcoin is trading at $99,140 at the time of publication. Source: CoinMarketCapSeveral Bitco...

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