Bitcoin (BTC) price is stabilizing around $103,000 at the time of writing on Friday after rallying nearly 10% this week. The sharp price increase was supported by improved market sentiment as US President Donald Trump announced a trade deal with the United Kingdom (UK), partly easing the tariff-related uncertainty that has weighed on crypto since Trump's inauguration.
Risky assets were the winners this week, with Bitcoin soaring nearly 10%, fueled by the news on Thursday of a trade deal between the US and the UK that was announced by US President Donald Trump and British Prime Minister Keir Starmer.
This trade leaves in place a 10% tariff on goods imported from the UK to the US, while Britain agreed to lower its tariffs to 1.8% from 5.1% and provide greater access to US goods
Risky assets were the winners this week, with Bitcoin soaring nearly 10%, fueled by the news on Thursday of a trade deal between the US and the UK that was announced by US President Donald Trump and British Prime Minister Keir Starmer.
This trade leaves in place a 10% tariff on goods imported from the UK to the US, while Britain agreed to lower its tariffs to 1.8% from 5.1% and provide greater access to US goods
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.