Bitcoin (BTC) has seen a 2.86% increase in the last 24 hours and is among the top-performing assets today.
The price of Bitcoin is nearing the $100,000 mark, driven by the U.S. Federal Reserve’s decision to keep interest rates unchanged and President Trump signaling a new trade deal. The Fed's decision not to alter interest rates and the anticipation of the trade agreement may have prompted investors to shift towards riskier assets. Following Trump's announcement of a major trade deal, Bitcoin's price surged significantly. Markets believe that the upcoming trade deal announcement and favorable macroeconomic conditions are creating a conducive environment for Bitcoin. As a result, Bitcoin's price has been on the rise.
As of the time of writing, Bitcoin is trading at approximately $99,656.
