Bitcoin Retakes $100,000 Amid an Easing of Global Trade Tensions

Bitcoin crossed the $100,000 threshold for the first time since February, fueled by expectations for an easing of global trade tensions.

The largest digital asset climbed as much as 4.9% to $101,519 on Thursday, as most other major tokens climbed even higher. Bitcoin rose to a record of around $109,000 on Jan. 20, the day US President Donald Trump was inaugurated for a second time. It later slumped as much as 30% after Trump’s embrace of tariffs spurred turmoil in global financial markets.