Bitcoin on Thursday hit its highest level since February and climbing back above the key $100,000 level. The price of the flagship cryptocurrency was last higher by more than 4% at $100,801.04, according to Coin Metrics. The move began overnight after Trump first teased an announcement between the U.S. and the UK on trade. Bitcoin jumped as Trump announced the deal framework, alongside stocks and other risk assets. “Bitcoin has not only reclaimed $100,000 for the first time in three months but it’s also reaffirmed its status as the ultimate bouncebackability asset as the prospects for U.S. trade deals brighten,” said Antoni Trenchev, co-founder of crypto exchange Nexo. The recent market uncertainty has been a boon for bitcoin and could continue to be, with investors beginning to doubt the safe haven status of the U.S., and although the Trump administration has walked back some of its aggressive rhetoric on tariffs, they’re still looking for clarity on what trade policy will be. “Bitcoin remains buttressed by a pro-crypto Trump administration along with hungry buying from spot-ETF investors … while its outperformance versus U.S. equity benchmarks in 2025 highlights its resilience and safe haven status,” Trenchev said.

Full report : Bitcoin tops $100,000 for first time since February after Coinbase, tariff deals.