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Home»Market»Bitcoin (BTC) and the market capitalization of global cryptography, while US President Donald Trump is deploying a post-tariff trade agreement in the United Kingdom
Market

Bitcoin (BTC) and the market capitalization of global cryptography, while US President Donald Trump is deploying a post-tariff trade agreement in the United Kingdom

May 10, 2025No Comments2 Mins Read
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US President Donald Trump has just announced the first trade agreement between the United States and the United Kingdom since he imposed higher prices for imports in April that rocked the world markets.

In an article on the social media platform Trum, Trump said that the agreement will increase $ 6 billion in external income from 10%tariffs.

The president claims that the agreement will also open $ 5 billion in export opportunities for American farmers, breeders and producers and strengthen national security for the United States and the United Kingdom by creating an aluminum and steel negotiation area and a pharmaceutical supply chain.

“Today is an incredible day for America when we deliver our first commercial and reciprocal trade agreement – something that our former presidents never cared. With our strong ally, the United Kingdom, we have reached the first historic trade agreement since the Liberation Day. ”

The Bitcoin price (BTC) jumped after the announcement. The flagship cryptocurrency is now negotiated $ 102,644.00, up 5.86% in the last 24 hours.

The wider market for digital assets has also responded positively to the news. According to data from the Coingecko market aggregator, the global market capitalization of cryptocurrency is now 3.32 dollars, up 5.54% in the last 24 hours and 35.16% compared to a year ago.

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Warning: Opinions expressed at Daily Hodl are not investment advice. Investors should make their reasonable diligence before making high-risk investments in bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk and that all the losses you may undergo are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and the Daily Hodl is an investment advisor. Please note that the Daily Hodl is participating in affiliation marketing.

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