The cryptocurrency market surged following news of a new U.S.-U.K. trade agreement, according to Benzinga. The rally pushed Bitcoin above $100,000 and sparked rallies across Ethereum, XRP, and Dogecoin.

Bitcoin (BTC) surged past $101,000 during U.S. market hours on Thursday, rising 4.5% over the past 24 hours. It marked the first time the cryptocurrency has crossed the $100,000 threshold since February.

Winning the White House was supposed to transform the crypto sector, but for much of 2025, that promise has fallen flat. While Donald Trump’s return sparked surges early in the year, including brief all-time highs across major tokens,