Bitcoin surged past $100,000 for the first time in over two months on Friday, triggered by US President Trump’s announcement of a US-UK trade deal. The cryptocurrency’s price jumped 3.9% on international exchanges, reaching $102,722 (approximately Rs. 88.1 lakh). Indian exchanges saw a more significant increase of 5.20%, with Bitcoin trading at $97,915 (roughly Rs. 84 lakh). The broader cryptocurrency market experienced a substantial boost, adding over $240 billion in value following the announcement, suggesting a positive correlation between geopolitical news and digital asset performance. This rally signals renewed investor confidence in the crypto market following recent periods of volatility.
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Bitcoin Price Surges Above $102,000 as Ether Crosses $2,000 Amid Ongoing Market Rally
Bitcoin surged past $100,000 for the first time in over two months on Friday, triggered by US President Trump’s announcement of a US-UK trade deal. The cryptocurrency’s price jumped 3.9% on international exchanges, reaching $102,722 (approximately Rs. 88.1 lakh). Indian exchanges saw a more significant increase of 5.20%, with Bitcoin trading at $97,915 (roughly Rs. 84 lakh). The broader cryptocurrency market experienced a substantial boost, adding over $240 billion in value following the announcement, suggesting a positive correlation between geopolitical news and digital asset performance. This rally signals renewed investor confidence in the crypto market following recent periods of volatility.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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