Based on CryptoSlate data, Bitcoin was trading at $100,633 as of press time, up nearly 4% over the past 24 hours.
The wider crypto market is also rallying, with most of the top 10 digital assets posting double-digit percentage gains over the past day.
The announcement of a comprehensive trade deal between the US and the UK, aimed at reducing tariffs and boosting financial cooperation, provided a fresh tailwind to already-rising markets. Trump also hinted at upcoming deals with the EU and other major economies.
Capital inflows into Bitcoin exchange-traded products have continued to accelerate. Data from ETF issuers shows that several spot Bitcoin funds in the US collectively attracted over $1.4 billion in new assets last week alone.
Despite the enthusiasm, investors remain cautious that Bitcoin’s six-figure threshold is as much a psychological marker as a technical one. BTC would have to sustain itself above $102,000, which is currently a key resistance level.
