Bitcoin surged past $99,000 early Thursday—its highest level since February—driven by optimism around a potential U.S.-U.K. trade deal and a cautiously upbeat Federal Reserve policy update.
President Trump hinted at a “major trade deal” with a “highly respected country,” later identified as the U.K., where officials are pushing for tariff relief on key exports. In return, the U.K. may ease its digital tax and reduce tariffs on U.S. goods.
BTC briefly topped $99K before easing slightly, still up over 2.5% on the day, and now sits just below its March all-time high. Markets also found support from the Fed’s steady rate stance, with U.S. stocks posting modest gains.
