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Bitcoin has broken through the $0.1 million milestone! This is the first time since February of this year.
Analysis suggests that the recent market uncertainty has actually fueled the rise of Bitcoin, as investors begin to doubt the dollar's status as a safe haven, which may continue to support Bitcoin's trend. Although the Trump administration has softened its tough rhetoric on tariff issues, the market is still waiting for a clear direction in its trade policy.
U.S. stock market closing | The U.S.-UK trade agreement boosted the markets, with all three major indexes rising collectively, NASDAQ up over 1%; AI Application software stocks and Quantum Computing concept stocks performed remarkably, QBTS surged over 51
Tesla closed up over 3%, Google rebounded nearly 2%; Aluminum rose over 5%, United States Steel rose over 2%, Boeing rose over 3%; Mattel briefly fell over 5%; After the Earnings Reports, AppLovin rose nearly 12%, quantum computing stock D-Wave rose 51%, and Arm fell over 6%. After the Bank of England meeting, two-year UK bond yields rose more than 10 basis points. USD rose more than 1% during the day. Crude oil rose over 3%. Futures gold briefly fell more than 2%.
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The "ambiguous agreement" between the U.S. and the U.K. has sparked the market, with Trump shouting, "Now is the time to buy stocks!" Bitcoin has surpassed 0.1 million, and Gold at 3300 is at risk of losing its position.
Trump announced the UK-US agreement in a high-profile manner, urging investors to "jump in immediately"; Bitcoin soared past the $0.1 million mark, and US stocks surged! Experts warn: key details of the agreement are unclear.
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Risky assets are recovering, pushing the market as Bitcoin returns to the $100,000 milestone.
On Thursday, Bitcoin returned to over 0.1 million USD, breaking this psychological barrier for the first time since February of this year.