Bitcoin’s price goes above $100,000, boosting stocks linked to cryptocurrency including Coinbase and Bitcoin miners Mara and Riot. This surge is influenced by President Donald Trump’s announcement of a trade agreement between the U.S. and U.K with optimism for more deals. Bitcoin had previously reached a record high of around $109,000 ahead of Trump’s inauguration due to favourable crypto policies. Today’s rally marks a significant recovery from the low of $76,000 in early April.
Read more