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Bitcoin surged close to $100,000 as speculation grew around a major trade deal announcement by former US President Donald Trump. The cryptocurrency’s rise coincided with shifting market sentiment and Federal Reserve inaction on interest rates.
- Bitcoin's price surge correlated with Trump'sæ瀺 of a major US-UK trade deal.
- Crypto market sentiment shifted to 'Greed' (65 on the Fear & Greed Index), triggering $96M in short liquidations.
- BTC's rally occurred despite the Federal Reserve keeping interest rates unchanged at 4.25%-4.50%.
ð Related coverage from: newsbtc.com