Donald Trump Announces US-UK Trade Deal, BTC Price Reclaims $100k

Monicah W

Donald Trump Announces US-UK Trade Deal, BTC Price Reclaims $100k

The ongoing trade war between the US and other countries has taken a positive turn with President Donald Trump announcing a historic trade deal between the US and the UK. Trump’s administration has agreed to lower tariffs on certain UK imports as part of the deal. Meanwhile, the BTC price has reclaimed the psychological $100,000 level for the first time since February.

Donald Trump Announces Historic US-UK Trade Deal

In a news conference at the Oval Office, the US President announced they had reached a breakthrough deal with the UK. He mentioned that the UK would reduce non-tariff barriers. Meanwhile, the US will also cut tariffs on UK-made cars to 10%, while beef tariffs will be close to zero.

Prime Minister Keir Starmer also commented on the deal, sharing his delight that both countries could finally reach an agreement. Donald Trump noted that they have been trying to reach a deal for years, which makes it historic. The president revealed that the UK trade deal will raise $6 billion in US external revenue.

Commenting on the deal, Commerce Secretary Howard Lutnick revealed that the UK will open its markets for US goods, which is huge considering that the UK is the sixth-largest economy in the world. Meanwhile, the Commerce Secretary mentioned that the UK will announce plans to buy $10 billion worth of Boeing planes.

As CoinGape reported, this US-UK trade deal undoubtedly provides a bullish outlook for the crypto market. It seems to have contributed to today’s market rally, with the BTC price hitting $100,000 for the first time since February.

Donald Trump revealed that they are looking to make a deal with Europe. He also commented on the negotiations with China, stating that he believes they would have good talks and possibly reach an agreement. The president added that they may lower tariffs if the talks go well. US-China trade war talks are set to begin on May 10.

BTC Price Reclaims $100k, Rally To Sustain?

The BTC price has reclaimed the $100,ooo level following Donald Trump’s announcement of the US-UK trade deal. Crypto analyst Titan of Crypto stated that the breakout looks clean and that a weekly candle close above this range could ignite a massive move in the coming weeks.

BTC Price

Crypto analyst Crypto Zeinab also stated that Bitcoin’s price is aiming for $118,000 next, which would mark a new all-time high (ATH) for the flagship crypto. Once that happens, he predicts that the flagship crypto will then rally to $130,000.

The post Donald Trump Announces US-UK Trade Deal, BTC Price Reclaims $100k appeared first on CoinGape.

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Top 3 Altcoins to Buy for 100% Surge this May!

Top 3 Altcoins to Buy for 100% Surge this May!

The post Top 3 Altcoins to Buy for 100% Surge this May! appeared first on Coinpedia Fintech News

Altcoins today have just formed a golden cross for the first time in four years, a technical indicator historically associated with long-term bullish trends. While Bitcoin dominance sits at 63.6%, a steady BTC price rise often leads to an inflow of volumes into altcoins. However, with the Altcoin Season Index still at 17/100, the broader market has only just started waking up, suggesting significant upside potential remains.

Virtuals Protocol:

VIRTUAL price has rallied sharply, up over 137% in just one week, which was mainly fueled by hype around its Genesis Launch and the upcoming TOKEN2049 Dubai panel appearance by its CEO. Trading near its upper 24H range, it recently tested the $1.68 zone with massive volume exceeding half a billion dollars. 

The VIRTUAL price is nearing a key resistance at $2.80, with minor support at $1.45. If the hype sustains, Virtuals could easily 2X from current levels of $1.63, especially if the event delivers any fresh announcements.

Read our Virtuals Protocol Price Prediction 2025, 2026-2030 for long-term targets!

Akash Network (AKT):

Akash Network’s buzz is driven by it being the only decentralized platform offering on-demand access to Nvidia H100s, which has made it highly attractive to AI startups. On the daily chart, the AKT token price recently broke through the $1.70 region, reclaiming the 9-day SMA at $1.32. 

Akash Network (AKT)

The RSI has surged to 75.39, placing the asset in overbought territory. If the price consolidates above $1.70, a push toward $2.40 and $3.80 remains well within reach.

Interested in the future of AKT? Read our Akash Network Price Prediction 2025, 2026-2030 NOW!

Sui:

Sui’s Total Value Locked (TVL) has reached an all-time high of $1.8 billion, driven by the success of lending platforms like Suilend and NAVI Lending, which collectively account for a significant portion of the network’s assets. With a current price of $3.67 and psychological resistance at $4.50, Sui has climbed nearly 70% over the last 14 days, reflecting strong investor confidence.

Sui

Want to hop onto SUI’s trend, but doubtful of its returns? Read our Sui Price Prediction 2025, 2026-2030 NOW!

FAQs

If I invest $1 in Sui today, what will my investment be worth by the end of this month?

If Sui hits $5, your $1 could be worth ~$1.37 by month-end

Will Dogecoin hit an all-time high this year?

Dogecoin could hit a new ATH if BTC rallies, retail FOMO returns & Musk boosts it. However, it will still need to 2X.

What is Bitcoin price today?

Bitcoin price is presently changing hands at $96,098.04

The post Top 3 Altcoins to Buy for 100% Surge this May! appeared first on Coinpedia Fintech News
Altcoins today have just formed a golden cross for the first time in four years, a technical indicator historically associated with long-term bullish trends. While Bitcoin dominance sits at 63.6%, a steady BTC price rise often leads to an inflow of volumes into altcoins. However, with the Altcoin Season Index still at 17/100, the broader …

Ethereum (ETH) Struggles Below $2,300 as Users Await the Crypto Summit

Ethereum (ETH) remains under pressure, struggling to break above $2,300. Its technical indicators still point to a downtrend. The BBTrend indicator is improving but remains negative, showing that bullish momentum hasn’t fully developed.

At the same time, the number of Ethereum whales has increased slightly, possibly due to the White House Crypto Summit, as investors anticipate regulatory shifts or the inclusion of ETH in the US strategic crypto reserve. For ETH to turn bullish, it needs to break key resistance levels and sustain buying pressure.

BBTrend Shows the Uptrend Isn’t Here Yet

Ethereum’s BBTrend indicator has climbed to -2.6, improving from -5.12 just a day ago. BBTrend, short for Bollinger Band Trend, is a technical indicator that helps identify price trends and momentum by measuring price deviations from a moving average.

When the BBTrend is deeply negative, it suggests strong bearish momentum, while a positive reading indicates bullish strength.

ETH BBTrend.
ETH BBTrend. Source: TradingView.

For Ethereum’s bullish uptrend to gain traction, BBTrend needs to cross above 0 and break higher levels. Two days ago, it briefly turned positive but only reached 1.98 before reversing lower, signaling weak buying pressure.

If BBTrend can push beyond its previous high and sustain positive levels, it would confirm stronger momentum, increasing the chances of Ethereum’s price maintaining a bullish trend.

Whales Accumulated ETH, But The Overall Trend Is Still Down

The number of Ethereum whales – addresses holding at least 1,000 ETH – has risen slightly to 5,768, up from 5,762 on March 5. However, the broader trend remains downward, as the count was 5,828 on February 22.

Tracking these large holders is crucial because whale activity often signals shifts in market sentiment, with accumulation suggesting confidence in price appreciation and distribution indicating potential selling pressure.

ETH Whales.
ETH Whales. Source: Glassnode.

This recent uptick in whale numbers could be linked to the White House Crypto Summit, as major investors may be positioning themselves ahead of potential regulatory developments and the inclusion of ETH in the US strategic crypto reserve.

If this increase continues, it could indicate renewed confidence in Ethereum’s long-term outlook. However, for a stronger bullish case, a sustained rise in whale accumulation would be needed, reversing the recent downtrend.

Will the White House Crypto Summit Benefit Ethereum?

Ethereum has struggled to break above $2,300 in recent days. Its EMA lines still signal a downtrend as short-term averages remain below long-term ones.

If selling pressure increases, Ethereum price could test support at $2,077, and a breakdown below this level might push it as low as $1,996, reinforcing the bearish outlook.

ETH Price Analysis.
ETH Price Analysis. Source: TradingView.

However, if Ethereum reverses its trend, it could challenge resistance at $2,550 and potentially climb toward $2,855.

A strong breakout above these levels could set the stage for ETH to reclaim $3,000, a level it hasn’t reached since February 1, 2025, signaling renewed bullish momentum.

The post Ethereum (ETH) Struggles Below $2,300 as Users Await the Crypto Summit appeared first on BeInCrypto.

Crypto Market Eyes Rally Amid US Treasury Secretary’s Fed Rate Cut Call

Crypto Market Eyes Rally Amid US Treasury Secretary's Fed Rate Cut Call

As the US economy and the crypto market face a severe downturn, Treasury Secretary Scott Bessent calls for an interest rate cut by the Federal Reserve. Pointing to falling bond yields and a decline in inflation from 2.8% to 2.4%, the Treasury Secretary drew the Fed’s attention to the immediate need for action.

If the Fed acts on Bessent’s recommendation and cuts interest rates, it could spark a bullish run in the crypto market. Polymarket odds suggest a 46% chance of a 25bps rate cut, with a 48% chance of no change.

Scott Bessent Urges Federal Reserve for Rate Cuts

According to a recent Reuters report, US Treasury Secretary Scott Bessent has called on the Federal Reserve to lessen interest rates in response to deteriorating economic conditions. Commenting on the matter, Scott Bessent stated, “We’re seeing that two-year rates are now below fed funds rates, so that’s a market signal that they think the Fed should be cutting.”

At the same time, the crypto market has also seen a severe downturn, with top cryptocurrencies like Bitcoin struggling to maintain momentum. However, the Fed’s potential dovish stance could result in a significant uptrend in the crypto market.

US Economy Shrinks: What’s Next for Crypto?

Reportedly, the US economy has shrunk significantly for the first time in three years, driven by President Donald Trump’s tariff announcements. Recent reports reveal that the US economy declined by about 0.3%, reversing the initial surge seen at the onset of 2025. Given the strong growth in the beginning, experts see this collapse as a surprising development.

The two-year Treasury bond yield, a key indicator of short-term government borrowing costs, has dropped to 3.59%, significantly below the Fed’s current interest rate range of 4.25%-4.5%. The inflation rate, measured by the PCE Price Index, decreased to 2.3% in March from the previous month’s 2.5%. The value increased by 2.6% year-over-year, down from February’s 3%.

Considering the crypto market, top assets traded in red for days following Trump’s tariff decisions. Though Trump’s threat to fire Fed Chair Jerome Powell sparked controversy, his urge for an interest rate reduction invoked optimism.

The post Crypto Market Eyes Rally Amid US Treasury Secretary’s Fed Rate Cut Call appeared first on CoinGape.