Bitcoin again goes over $100,000

Bitcoin again goes over $100,000

Bitcoin is now worth more than $100,000 for the first time in three months. As Bloomberg News reports, this increase was driven by expectations for a ease of tensions related to global tariffs following a new trade agreement. Bitcoin's prize reached a record $109 thousand [...]

As Bloomberg News reports, this increase was driven by expectations for a ease of tensions related to global tariffs following a new trade agreement.

Bitcoin's prize reached a record $19,000 in January, during American President Donald Trump's inauguration. Next, the price dropped by as much as 30 percent when Trump's tariffs caused a market decline, writes Telegrafi, broadcasts Periscope.

“This is an indicator of the huge demand for digital assets in the industry, and especially for Bitcoin,” said Cosmo Jiang from Panterra Capital for Bloomberg and added that “ka increasingly buyers there. And we're looking at the benefits of digital assets, because they can't be taxed. They are also a deposit of non-Sovrate values. In times of economic stress, digital assets benefit”.

Trump announced a trade agreement with the British government Thursday. The crypto notes sector had supported Trump during the campaign and enjoyed support from the president since taking office, though there were some early obstacles.

At the same time, the Trump family's commitments in the world of cryptoids have disturbed the Democrats, who warn that these businesses constitute an interest conflict.

Meanwhile, the Senate was ready to vote on Thursday for the GENIUS Act. Stablecoins, which sets a full set of standards for issuing, supporting and functioning of payment stablecoins.

This legislation will require stableco launchers to receive licenses, with supervision determined by their size.

Entities of less than $10 billion will be regulated at the state level, while the largest bidders will be governed by federal regulators.

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