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BTC, ETH, XRP Gain as Donald Trump Teases Major Trade Deal
By: bitcoin ethereum news|2025/05/08 14:00:10
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The broader cryptocurrency market has charted a notable increase over the past hours following an announcement from the US president about a “major trade deal” expected to be announced tomorrow. BTC, ETH, XRP, Altcoins Gain As CryptoPotato reported, Bitcoin’s price is seemingly aimed for the important technical and psychological resistance level at $100,000. The broader cryptocurrency market is also mostly in green, as seen in the heatmap below. ETH is up by 3.6%, though it’s worth noting that the protocol went through a major update called Pectra yesterday. It combines a total of 11 Ethereum Improvement Proposals (EIP), including account abstraction designed to transform regular wallets into smart contract-like powerhouses. XRP is also in the green. Its price is up by almost 2%. Other altcoins such as SOL, DOGE, ADA, AVAX, LINK, TONCOIN, HBAR, and more, are charting gains between 2% and 5%. Trump Teases Major Trade Deal Representatives of the United States and China are expected to meet this weekend and discuss a potential trade deal. That said, US President Donald Trump posted on Truth Social that there will be an announcement of a major deal coming up tomorrow, without sharing any concrete details. Big News Conference tomorrow morning at 10:00 AM., The Oval Office, concerning a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG AND HIGHLY RESPECTED COUNTRY. THE FIRST OF MANY. LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin! Source: https://cryptopotato.com/btc-eth-xrp-gain-as-donald-trump-teases-major-trade-deal/
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