Bitcoin Rises to Three-Month High as U.K.-U.S. Trade Deal Sparks Optimism — Market Talk

Bitcoin rises to its highest level since late January as Thursday's announcement of a trade deal between the U.K. and the U.S. sparks optimism that trade tensions should ease from here. Bitcoin climbs as the deal marks the first since President Trump announced a 90-day pause on trade tariffs to encourage negotiations, says Tickmill Group analyst Patrick Munnelly. This has boosted bitcoin, as well as oil prices, he says. "A trade agreement between the U.S. and Britain sparked optimism for progress in tariff negotiations with other nations." Bitcoin is last up 0.9% at $103,599, having hit a high of $104,324.39, LSEG data show. ([email protected])