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Cryptocurrency News Articles
Bitcoin (BTC) Price Explodes Past $100K As Donald Trump's US-UK Trade Deal Announcement Ignites Crypto Market
May 12, 2025 at 03:30 am
The Bitcoin price smashed past the $100,000 barrier in the wake of Donald Trump's surprise US-UK trade deal announcement, igniting a bullish wave across the crypto market.
The announcement of a sweeping U.S.-U.K. trade deal by former President Donald Trump has reignited bullish fervor across global markets, but nowhere has the reaction been more electric than in the Bitcoin price.
Following Trump’s press release on the U.S.-U.K. trade agreement, which he said would bring “unparalleled prosperity to our nations,” Bitcoin smashed past the $100,000 barrier. The move, fueled by Trump’s intervention to reduce trade barriers and tariffs, had a significant impact on investor sentiment.
After months of anticipation, Trump announced on Wednesday that the U.S. and U.K. had reached a comprehensive trade deal. The agreement, still in the final stages of negotiation, aims to eliminate tariffs, promote investment, and streamline trade in goods and services.
“We are setting a new standard for economic cooperation that will benefit generations to come,” Trump said in a joint statement with British Prime Minister Rishi Sunak.
The announcement follows months of speculation and anticipation. Back in March, Trump teased the possibility of a U.S.-U.K. trade deal during an interview with Fox News.
“We’re working on a very comprehensive trade deal with the UK, which would be a great thing for both countries,” Trump said at the time.
The former president has been a vocal critic of the U.S.’s trade policies with China, which he said had led to a “massive trade deficit.” However, Trump said he was optimistic about the prospects for a trade deal with the UK, with whom the U.S. enjoys a “special relationship.”
“We’re going to have a fantastic trade deal with the UK, it’s going to be a very comprehensive deal that will cover goods, services, and investment,” Trump said.
“We’re also going to be working together to reduce tariffs and other trade barriers.”
The announcement of the U.S.-U.K. trade deal comes at a time when the global economy is facing a number of challenges, including high inflation and the ongoing war in Ukraine.
The statement from Trump and Sunak highlighted the importance of close economic ties between the U.S. and U.K. in overcoming these challenges and promoting stability and prosperity in the world.
“Our two countries have always been close allies, and in these times of global uncertainty, that partnership is more important than ever,” Trump said.
“Together, we will continue to stand up for the values of freedom, democracy, and the rule of law around the world.”output: The announcement of a sweeping U.S.-U.K. trade deal by former President Donald Trump has reignited bullish fervor across global markets, but nowhere has the reaction been more electric than in the Bitcoin price.
Following Trump’s press release on the U.S.-U.K. trade agreement, which he said would bring “unparalleled prosperity to our nations,” Bitcoin smashed past the $100,000 barrier. The move, fueled by Trump’s intervention to reduce trade barriers and tariffs, had a significant impact on investor sentiment.
After months of anticipation, Trump announced on Wednesday that the U.S. and U.K. had reached a comprehensive trade deal. The agreement, still in the final stages of negotiation, aims to eliminate tariffs, promote investment, and streamline trade in goods and services.
“We are setting a new standard for economic cooperation that will benefit generations to come,” Trump said in a joint statement with British Prime Minister Rishi Sunak.
The announcement follows months of speculation and anticipation. Back in March, Trump teased the possibility of a U.S.-U.K. trade deal during an interview with Fox News.
“We’re working on a very comprehensive trade deal with the UK, which would be a great thing for both countries,” Trump said at the time.
The former president has been a vocal critic of the U.S.’s trade policies with China, which he said had led to a “massive trade deficit.” However, Trump said he was optimistic about the prospects for a trade deal with the UK, with whom the U.S. enjoys a “special relationship.”
“We’re going to have a fantastic trade deal with the UK, it’s going to be a very comprehensive deal that will cover goods, services, and investment,” Trump said.
“We’re also going to be working together to reduce tariffs and other trade barriers.”
The announcement of the U.S.-U.K. trade deal comes at a time when the global economy is facing a number of challenges, including high inflation and the ongoing war in Ukraine.
The statement from Trump and Sunak highlighted the importance of close economic ties between the U.S. and U.K. in overcoming these challenges and promoting stability and prosperity in the world.
“Our two countries have always been close allies, and in these times of global uncertainty, that partnership is more important than
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- May 14, 2025 at 01:45 am
- The last two months have been full of ups and downs for the Bitcoin eeserve bills and regulations. While one state moves ahead with a bill promoting the use of crypto assets, other rejects it.
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- Pi Network Promises Massive Announcement at Consensus 2025, Ahead of May 14 Reveal
- May 14, 2025 at 01:40 am
- Pi Coin, the native cryptocurrency of Pi Network PI $0.60 24h volatility: 2.7% Market cap: $4.21 B Vol. 24h: $104.11 M , has witnessed massive movement this week, ahead of the May 14 announcement.
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