Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Crypto News

Bitcoin Rockets Past $100K on Trump’s ‘Maxed-Out’ UK Deal – Volatility Ahead?

by
May 8, 2025
in Crypto News
0
Bitcoin Rockets Past $100K on Trump’s ‘Maxed-Out’ UK Deal – Volatility Ahead?
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The crypto markets opened in the green on Thursday morning as investors reacted positively to President Donald Trump’s confirmation that the U.S. will sign its first post-tariff trade deal with the UK.

The move is being heralded as a step forward for global trade relations and a much-needed confidence booster for risk assets, including cryptocurrencies.

Labeled by Trump as a “maxed-out deal,” the agreement appears to mark a shift in U.S. trade policy after years of escalating tariffs that unsettled markets and strained international relations.

President Trump shuts down a negative reporter who asked if he is “overstating this deal because you need results?”.

President Trump: “This is a maxed-out deal, not like you said it very incorrectly.” pic.twitter.com/kv12I8IjBf

— Kim “Katie” USA (@KimKatieUSA) May 8, 2025

Speaking at a press conference, Trump emphasized the scale and flexibility of the agreement, stating, “This is a maxed-out deal that we’re going to make bigger and we make it bigger through growth, but we have tremendous assets involved.”

In response to skepticism about the deal’s depth—particularly British ambassador Peter Mandelson’s description of the agreement as “only a starting point”—Trump pushed back, asserting, “There’ll be changes made, there’ll be adjustments made because we’re flexible—but it’s very conclusive, and we think everyone’s going to be happy.”

Mandelson, for his part, acknowledged the symbolic and strategic importance of the deal, saying, “This is not the end, just the beginning—there is more we can do in reducing tariffs and trade barriers so as to open up our markets to each other even more than we’re agreeing to today.”

Bitcoin Surges Past $100K on Trump Trade Deal

The crypto market wasted no time responding. Bitcoin surged above $100,000 in early morning trading, while Ethereum and a host of altcoins followed suit. Analysts believe the deal’s implications for easing global trade tensions have injected new optimism into risk-on assets.

Nic Puckrin, crypto analyst and founder of The Coin Bureau, noted the timing of the rally. “Traders this morning are waking up to green candles—but not because of anything Fed Chair Jerome Powell said in yesterday’s FOMC press conference,” he said.

“What the market cares about much more than interest rates is the rhetoric around tariffs, and President Trump has just thrown risk assets a big lifeline.”

Spot Bitcoin ETFs See Strong Flows

However, Puckrin struck a note of caution. “It’s quite likely the announcement will be lacking in concrete details, which could be anticlimactic. Plus, at the moment, BTC is rallying on low volume, which is a recipe for short-term volatility.”

He added that the broader outlook remains positive, citing strong flows into spot Bitcoin ETFs and increased institutional interest. “It’s shaping up to be a strong month, but prepare for some wild swings in either direction.”

The market’s optimism was echoed by Charles Wayn, co-founder of Galxe, a leading Web3 growth platform. “Today’s announcement of U.S. tariff concessions for the UK and potentially the UAE is great news for the crypto industry,” said Wayn.

“This uncertainty halted a crypto bull market many thought would last until at least July, and has particularly impacted altcoins.”

Wayn sees the new trade agreement as potentially the first of several. “With more deals and concessions will come more certainty and better market conditions. And so, the bull market may revive yet, and altseason could still be on the horizon.”

While traders wait for more details on the trade deal and monitor its ripple effects across global markets, the mood in crypto has undoubtedly shifted. For now, sentiment is bullish, but as ever in crypto, volatility lurks just beneath the surface.

Is this the beginning of a sustained breakout, or simply another peak in a year already defined by turbulence? Markets will be watching closely.

The post Bitcoin Rockets Past $100K on Trump’s ‘Maxed-Out’ UK Deal – Volatility Ahead? appeared first on Cryptonews.

Previous Post

Trump pulls his nomination for DC US attorney, says he’ll reveal new pick soon

Next Post

Missouri Moves to Axe Capital Gains on Crypto & Stocks – Budget Battle Looms

Next Post
Missouri Moves to Axe Capital Gains on Crypto & Stocks – Budget Battle Looms

Missouri Moves to Axe Capital Gains on Crypto & Stocks – Budget Battle Looms

  • Trending
  • Comments
  • Latest
Crypto Market Recap: US Loses $2 Billion in Bitcoin Amid Tariff Shock, Pakistan Bets on Mining

Crypto Market Recap: US Loses $2 Billion in Bitcoin Amid Tariff Shock, Pakistan Bets on Mining

April 9, 2025
Suspension from Quotation

Suspension from Quotation

April 14, 2025
Why Bitcoin Might Be About to Turn Bullish Again

Why Bitcoin Might Be About to Turn Bullish Again

April 18, 2025
On air, ’60 Minutes’ reporter says ‘none of us is happy’ about changes that led top producer to quit

On air, ’60 Minutes’ reporter says ‘none of us is happy’ about changes that led top producer to quit

April 28, 2025
USD1 Stablecoin Blasts 1,540% to $2.1B – Will Trump-Tied Token Keep Its Peg?

USD1 Stablecoin Blasts 1,540% to $2.1B – Will Trump-Tied Token Keep Its Peg?

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
USD1 Stablecoin Blasts 1,540% to $2.1B – Will Trump-Tied Token Keep Its Peg?

USD1 Stablecoin Blasts 1,540% to $2.1B – Will Trump-Tied Token Keep Its Peg?

May 8, 2025
GENIUS Act Stalls After 49–48 Senate Vote, Stablecoin Framework in Limbo

GENIUS Act Stalls After 49–48 Senate Vote, Stablecoin Framework in Limbo

May 8, 2025
SOL Strategies Partners with Superstate to Pilot Solana Equity Tokenization on Surging Demand

SOL Strategies Partners with Superstate to Pilot Solana Equity Tokenization on Surging Demand

May 8, 2025
Fed Fumbles, Bitcoin Pumps Near $100K – BTC Bull Token Is the 100x Play for the Stagflation Crowd

Fed Fumbles, Bitcoin Pumps Near $100K – BTC Bull Token Is the 100x Play for the Stagflation Crowd

May 8, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    USD1 Stablecoin Blasts 1,540% to $2.1B – Will Trump-Tied Token Keep Its Peg?

    USD1 Stablecoin Blasts 1,540% to $2.1B – Will Trump-Tied Token Keep Its Peg?

    May 8, 2025
    GENIUS Act Stalls After 49–48 Senate Vote, Stablecoin Framework in Limbo

    GENIUS Act Stalls After 49–48 Senate Vote, Stablecoin Framework in Limbo

    May 8, 2025
    SOL Strategies Partners with Superstate to Pilot Solana Equity Tokenization on Surging Demand

    SOL Strategies Partners with Superstate to Pilot Solana Equity Tokenization on Surging Demand

    May 8, 2025
    Fed Fumbles, Bitcoin Pumps Near $100K – BTC Bull Token Is the 100x Play for the Stagflation Crowd

    Fed Fumbles, Bitcoin Pumps Near $100K – BTC Bull Token Is the 100x Play for the Stagflation Crowd

    May 8, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved