🚀Bitcoin Soars Past $103K

Hey crypto trailblazer, 👋

Bitcoin has surged past $103,000, marking a significant milestone in the crypto market. This rally coincides with the announcement of a new U.S.–U.K. trade agreement.

Here’s what you need to know.

🇺🇸🇬🇧 U.S.–U.K. Trade Deal Sparks Market Optimism

On May 8, 2025, President Donald Trump and U.K. Prime Minister Keir Starmer announced a new trade agreement aimed at reducing tariffs and enhancing economic cooperation between the two nations.

Key aspects of the deal include:

• Tariff Reductions: The U.S. agreed to lower tariffs on U.K. steel, aluminum, and automobiles, while the U.K. will reduce tariffs on U.S. agricultural products like beef and ethanol.

• Market Access: The agreement opens up approximately $5 billion in new export opportunities for U.S. farmers and producers.

• Streamlined Customs: Both countries committed to simplifying customs procedures to facilitate smoother

While some tariffs remain, the deal is seen as a positive step toward strengthening economic ties and has been well-received by markets.

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🚀 Bitcoin's Ascent to $103K: What's Driving the Surge?

Bitcoin's recent climb above $103,000 can be attributed to a combination of factors:

• Markets are increasingly confident that the Federal Reserve will begin cutting interest rates in the coming months. According to CME FedWatch data, there's a 70% probability of a rate cut in July, rising to 95% by October.

• Analysts point to favorable technical patterns, such as the MVRV (Market Value to Realized Value) ratio, suggesting potential for further price appreciation.

• Institutions keep accumulating Bitcoin.

As Bitcoin turns bullish, it’s only a matter of time until alts catch up. Stay tuned for upcoming altcoin analysis.

Stay epic,
Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.