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Bitcoin returns to the 100 thousand dollar channel

Bitcoin surged 4.7%‌ in⁢ a single day, trading⁤ at $101,329.97 on Thursday.

According too teh international economics ⁣desk of Webangah News Agency, citing Tasnim and Reuters, Bitcoin’s price reached $100,000 in⁣ Thursday’s trading for the first time since early February. The U.S.-UK trade deal could signal a de-escalation in Donald trump’s ​trade‌ wars with⁣ other ‍nations. ⁣

Bitcoin rose 4.7% intraday, hitting $101,329.97 on Thursday. The world’s largest cryptocurrency has begun an upward trend but remains below its ⁣January peak⁣ of $109,000.

Ethereum’s blockchain-based⁢ virtual currency, Ether, also⁣ surged over ⁣ 14%, reaching $2,050.

Bitcoin Faces ⁣Risk of Dropping to $71,000 ​

Trump Orders creation of ⁣Strategic Bitcoin Reserve

Trump and UK⁤ Prime Minister⁢ Keir Starmer​ announced a trade deal on Thursday maintaining a⁣ 10% tariff on British goods imported to the U.S., while the UK agreed ​to reduce tariffs on‍ American ⁣goods from⁢ 5.1% to ⁣1.8% and expand market access for U.S products.

This marks the first such agreement as⁣ Trump launched global trade wars by imposing ‍tariffs on ⁢imports from key ⁣partners last⁢ year.

rishira kumbhakarna indrajit prahlada hiranyakash

English channel of the webangah news agency on Telegram
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