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Bitcoin surged past $100,000 amid growing expectations of Fed rate cuts and a tentative U.S.-U.K. trade deal. Ethereum led altcoins with a 20% rally as traders shifted from traditional hedges to riskier assets.
- CME FedWatch shows a 70% probability of a July rate cut, with 95% odds of easing by October.
- Ethereum surged 20%, while Bitcoin surpassed $100K amid institutional demand and trade deal optimism.
- Trump's U.K. trade agreement was dismissed as economically insignificant but boosted risk asset sentiment.
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