Bitcoin close to breaking $100,000 on Trump-UK deal announcement

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Trump: "Will Announce First Trade Agreement with Respected Nations"
New York Times, Through Informant Testimony: "First Agreement Target, United Kingdom"
BTC Surpasses $99,000... Major Altcoins Rise Over 3%

Bitcoin Nears $100,000 with Trump's UK Negotiation Announcement
Bitcoin (BTC) surpassed $99,000 on the 8th, nearing $100,000, as Trump announced a trade agreement with the United Kingdom.

President Trump posted on his social media 'Truth Social' that he will hold an important press conference in the White House office at 10 AM tomorrow (11 PM Korean time on the 8th) and that the first case of a major trade agreement with large and respected nations will be announced.

While he did not specifically mention the country, it is believed to be the United Kingdom. Major foreign media, including the New York Times, reported through informant testimony that the Trump administration will announce a trade agreement with the United Kingdom.

According to reports, the United States and the United Kingdom have discussed reducing UK tariffs on US automobiles and agricultural products, and eliminating taxes on US technology companies. Additionally, news that the Trump administration is continuing negotiations with other countries such as India, Israel, South Korea, Japan, and Vietnam caused the asset market to rise on the 8th.

The cryptocurrency market was on an upward trend on the afternoon of the 8th, with Bitcoin surpassing $99,000 around 1 PM. Cryptocurrencies such as Ethereum (ETH), XRP, and Solana (XRP) recorded over 3% growth.

Reporter Seung-won Kwon ksw@blockstreet.co.kr

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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