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Bitcoin Surpasses $100K Mark Amid New Trade Deal

  • Bitcoin surged past the $100,000 mark, driven by optimism surrounding a new trade deal and easing tariff tensions.
  • The price of bitcoin previously hit a record high of $109,000 in January but fell due to market downturn caused by tariffs imposed by President Trump.
  • The new trade agreement between the U.S. and UK could facilitate faster customs procedures and reduce barriers for various exports.
  • Legislation such as the End Crypto Corruption Act and the GENIUS Act are being considered to regulate stablecoins and address concerns related to digital assets.

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