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Bitcoin approaches $100,000 as U.S.-UK trade agreement lifts the market

1. Trump announced a trade deal with the UK, boosting market sentiment. 2. Bitcoin surged over 3%, reaching its highest since February. 3. Dow futures rose by 300 points, indicating positive stock market reactions. 4. S&P 500 remains flat despite Bitcoin's significant gains. 5. Other cryptocurrencies also rallied, with Ether up 9%.

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FAQ

Why Neutral?

While the trade deal improved sentiment and supported futures, the S&P 500 remained flat.

How important is it?

The trade agreement supports market sentiment but has little direct impact on S&P performance.

Why Short Term?

Market reactions are immediate but may stabilize quickly following initial optimism.

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