Bitcoin Surpasses $100K Again as Trade Talks Fuel Market Optimism

Bitcoin Surpasses $100K Again as Trade Talks Fuel Market Optimism

Bitcoin achieved a significant milestone on Thursday morning, crossing the $100,000 threshold for the first time since February 4. This marks a notable recovery for the world’s largest cryptocurrency, which had dipped to a local low of $76,320 on April 8, according to market data.

The recent surge comes amid a backdrop of macroeconomic uncertainty, primarily influenced by President Donald Trump’s fluctuating trade policies. Bitcoin’s price movement reflects renewed investor confidence, with the cryptocurrency gaining nearly 4% in a single day, 7.8% over the past week, and an impressive 27.4% over the last 30 days.

The rally has captured the attention of market participants, who are closely monitoring global economic developments. Analysts suggest that the cryptocurrency’s upward trajectory is tied to increased capital flows into the market. Should these levels hold, experts believe Bitcoin could hit $150K by September. The psychologically significant $100,000 level has long been a focal point for traders, and breaking through this barrier signals strong bullish sentiment.

Stay In The Loop and Never Miss Important Bitcoin News

Sign up and be the first to know when we publish

Trade Negotiations Spark Market Momentum

A key driver behind Bitcoin’s recent gains appears to be the resumption of trade negotiations between U.S. Treasury Secretary Scott Bessent and Chinese officials, set to take place in Switzerland.

President Trump’s announcement on Thursday that trade agreements, including potential deals with the United Kingdom, could materialize soon has further bolstered market optimism. These developments have eased some concerns about global trade tensions, creating a favorable environment for risk assets like Bitcoin. The cryptocurrency’s ability to rebound from its April low underscores its resilience in the face of economic uncertainty. As trade talks progress, investors will likely continue to monitor their impact on Bitcoin’s price, with many anticipating further gains if positive outcomes emerge. For now, Bitcoin’s breakthrough above $100,000 serves as a reminder of its growing role in the global financial landscape.