Bitcoin surged past $100,000 for the first time since February, lifted by renewed investor confidence following the announcement of a U.S.-U.K. trade agreement. The historical deal reignited enthusiasm across risk assets, with stocks also rallying sharply. The tariffs rattled markets, and bitcoin—often dubbed “digital gold”—moved largely in tandem with the S&P 500, emphasizing its sensitivity to broader economic sentiment.
As of the latest reading, bitcoin was trading up over 4% at $100,801.04, according to Coin Metrics. The rally began overnight after Trump hinted at a trade breakthrough, and accelerated once he confirmed the framework of a new deal with the UK. The news also sent equities soaring, with the Dow Jones Industrial Average jumping nearly 400 points. Shares of Coinbase and MicroStrategy each climbed around 5%. Altcoins joined the rally: Ether soared 12%, Solana’s token rose 9%, and Dogecoin added 11%.
Trump Announces US-UK trade deal
Meanwhile, US President Donald Trump announced the trade deal with the UK on Thursday evening. Trump wrote on Truth Social, “Today is an incredible day for America as we deliver our first Fair, Open, and Reciprocal Trade Deal — Something our past Presidents never cared about. Together with our strong Ally, the United Kingdom, we have reached the first, historic Trade Deal since Liberation Day. As part of this Deal, America will raise $6 BILLION DOLLARS in External Revenue from 10% Tariffs, $5 BILLION DOLLARS in new Export Opportunities for our Great Ranchers, Farmers, and Producers, and enhance the National Security of both the US and the UK through the creation of an Aluminum and Steel Trading Zone, and a secure Pharmaceutical Supply Chain. This Deal shows that if you respect America, and bring serious proposals to the table, America is OPEN FOR BUSINESS. Many more to come — STAY TUNED!”
“This is what we live for”
Bitcoin enthusiasts swiftly took to social media to celebrate. One user exclaimed, “We are so back — $100K $BTC.” Another chimed in, “$100K may just be the beginning; I believe it’ll go even higher.” One noted, “Let’s go — $100K to $200K. I own no Bitcoin, but I’m still winning.” Another stated, “Good day for crypto.”“Wow, nice… Keep growing, champ,” one user encouraged, while another reflected on the milestone: “It’s not just a number — it’s 15 years of decentralization, conviction, and global distrust in fiat. The real flex isn’t $101K, it’s surviving every obituary ever written about $BTC 😀.” “This time, it’s not us who are back — it’s Bitcoin that’s waking up,” one user observed. Echoing the excitement, another wrote, “This is what we live for.”