itcoin rose on Thursday, coming near key levels of $100,000 as risk appetite was boosted by hopes of a deescalation in U.S. President Donald Trump’s tariffs agenda, after he flagged a major trade deal, APA-Economics reports citing investing.com.
The world’s largest cryptocurrency extended strong gains from the prior session, which were spurred by the U.S. and China confirming that some trade talks will take place this week.
This momentum also helped carry Bitcoin past concerns over a slowing U.S. economy and trade-related disruptions raised by the Federal Reserve.
Bitcoin rose 2.6% to $98,868.6 by 01:28 ET (05:28 GMT), and had risen as high as $99,381.2.
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