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Bitcoin Near 100,000 Dollars After A Shocking Announcement From Trump

10h05 ▪ 4 min read ▪ by Eddy S.
Getting informed Bitcoin (BTC)

Just one message from Donald Trump was enough to electrify the markets. The announcement of a potential trade deal between the United States and the United Kingdom is propelling bitcoin close to 100,000 dollars! Between tough politics and frozen monetary decisions, BTC is back at the center of the game.

Donald Trump makes a shock announcement that propels Bitcoin (BTC) towards 0,000.

In Brief

  • Donald Trump pushes bitcoin towards 100,000 dollars with the announcement of an unprecedented trade deal.
  • The Fed holds rates steady, causing a brief drop in bitcoin before a quick rebound to 98,000 dollars.

Bitcoin boosted by Donald Trump: the 100,000 dollar threshold in sight

The current President of the United States has lost none of his knack for shaking things up. By announcing on Truth Social, on May 7, the imminent signing of a “major trade deal” with a “highly respected” country, Donald Trump clearly awakened speculators. Quickly, The New York Times identifies the United Kingdom as a potential partner. Immediate result: the bitcoin price climbs from 97,759 dollars to 99,140 dollars, nearing the symbolic 100,000 dollar mark.

By announcing on Truth Social, on May 7, the imminent signing of a
Donald Trumpu2019s message on Truth Social.

According to Charlie Sherry, analyst at BTC Markets, the market contradicted bearish expectations by forming an unexpected bullish structure. And Anthony Pompliano adds: with this kind of deal, the chances of a new all-time high in 2025 rise significantly.

The Fed is cautious, markets react… in their own way

Meanwhile, the Federal Reserve resists. The American central bank chooses to keep its rates in a range of 4.25% to 4.50%, despite Trumpu2019s pressure for a rapid cut.

A monetary status quo that briefly cooled the market: bitcoin dropped to 95,866 dollars before bouncing back strongly. The message is clear: even without a Fed pivot, the market remains responsive to political narrative. And Trump masters this art perfectly.

Bitcoin: between fear and greed, technical signals lean towards euphoria

The momentum is not just based on Donald Trump’s words. Indeed, the Crypto Fear & Greed Index shows a return to 65 in the “Greed” zone, confirming a decidedly bullish sentiment. Inflows into bitcoin spot ETFs total 4.41 billion dollars since the end of March. Fuel in abundance to sustain the momentum.

the Crypto Fear & Greed Index shows a return to 65 in the
Bitcoin Fear&Greed at 65.

But caution: economist Timothy Peterson reminds that a prolonged delay by the Fed in cutting rates could reverse the trend. In this scenario, bitcoin could fall back toward 70,000 dollars, which remains strong but much less spectacular.

With Donald Trump in the spotlight, every statement can become a catalyst. And even if the Fed holds its ground, the markets show they don’t need a pivot to dream bigger. At the crossroads of finance and politics, bitcoin more than ever embodies this gray area between risk and opportunity.

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Eddy S. avatar
Eddy S.

The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.