PANews reported on May 8 that according to Jinshi, after Trump announced a trade deal with the UK, expectations of easing trade tensions pushed Bitcoin above the $100,000 mark for the first time since February this year. On Thursday, the largest digital asset rose 3.4%, and most other major tokens also rose, with Ethereum rising by 12%. On January 20, the day Trump took office, the price of Bitcoin rose to a record level of around $109,000. Trump said the full details of the agreement will still be negotiated in the coming weeks. But under the agreement, the UK will speed up the passage of US goods through customs procedures and reduce barriers to agricultural, chemical, energy and industrial exports. This is the first agreement since Trump imposed high tariffs on dozens of US trading partners.