Bitcoin nears $100K as Trump teases a trade deal and altcoins surge—EOS, BCH, and PEPE lead today's gainers.

XLM is up 3% in the past 24 hours, while Ethereum (ETH) is trading at $1,943, up 5% after the recent Pectra upgrade.

Bitcoin is nearing $100,000 as the crypto market heats up, thanks to the Fed’s signals and Trump hinting at a trade deal. Altcoins are also making big moves, with some jumping over 10%.

As the market awaits the crucial signals from the Fed, Trump teased a “big” trade deal announcement with a “highly respected country” at 10 a.m. ET press conference.

"I'll be having a major press conference tomorrow morning at 10 o'clock in the White House, where I will be making a very big announcement concerning a trade deal with a highly respected country," Trump posted on X, formerly Twitter.

The president's post comes as the crypto market is showing signs of recovery, with Bitcoin price hovering around $98,000. The world's leading cryptocurrency has shown resilience in this volatile market.

"Bitcoin is holding up well despite the market uncertainty, which bodes well for further gains in the coming weeks," said one analyst.

Many are also predicting the start of an altcoin season, with several coins posting strong gains.

XRP is up 3% in the past 24 hours, while Ethereum (ETH) is trading at $1,943, up 5% after the recent Pectra upgrade. Solana (SOL) and Dogecoin (DOGE) are both up over 4% and 5%, respectively, while Cardano (ADA) also saw a 4.8% boost.

In the mid-cap tier, SUI is leading the pack with a 9% jump, and Hedera (HBAR) is up 5%. The Pi Network is also up over 7% today.

Memecoin Pepe is flexing a 13% gain, while ONDO and AAVE are both up 6% and 7%. Chainlink and Avalanche are also in the green, each up around 6%.

The top crypto gainers today are EOS, up 17% at $0.84, Bitcoin Cash rising 13% to $416.82, while Immutable is up 10.86% at $0.58.

The CMC Altcoin Index is currently at 30. While altcoins are performing well, there is still room for growth. Bitcoin leads the market share with 64% dominance. The Crypto Fear and Greed Index is at 53, showing a neutral market.

ALTCOIN SEASON IS BREAKING OUT NOW! 🔥 pic.twitter.com/CcKJDs9aNl

Analyst Crypto Rover shared a chart showing that altcoins are gaining momentum, with a rise in altcoin activity in May 2025.

"Thinking about it, makes sense. We’ve seen altcoins surge in price and there’s potential for big gains ahead. According to analyst Michaël van de Poppe, the #altcoin market looks great and it could rally to $925 billion. #crypto"

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