Bitcoin Hits $100,000 for First Time Since February — WSJ
By Alexander OsipovichBitcoin traded above $100,000 for the first time in three months, buoyed by investor optimism stemming from the U.S.-U.K. trade deal that also fueled gains in the stock market.The price of the largest cryptocurrency sank to nearly $74,000 in early April as President Trump's "Liberation Day" tariffs sparked a deep selloff in global markets and prompted skittish investors to dial back on risky assets. Despite crypto proponents' arguments that bitcoin is a form of "digital gold," it has frequently moved in line with the S&P 500 during the recent weeks of tariff-induced market volatility.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).