- The US-UK trade deal accelerates, influencing global markets.
- Cryptocurrency markets see a significant rise.
- Bitcoin and Ethereum drive institutional confidence.
The United States and United Kingdom accelerated their trade agreement process, announced on May 29, 2025. This agreement, led by President Donald Trump and Prime Minister Keir Starmer, sparked immediate reactions in both traditional and cryptocurrency markets.
The trade deal between the US and UK marks an important shift in international economic dynamics, boosting market confidence and triggering significant price movements in digital assets like Bitcoin and Ethereum.
US-UK Trade Deal Sparks Crypto Price Surge
The US and UK announced an expedited trade agreement with enhanced market access for both sides. Led by President Trump and Prime Minister Starmer, the agreement aims to strengthen bilateral trade relations post-Brexit, promising substantial economic benefits.
Agricultural exports from the US will see increased access to the UK, alongside commitments to purchase US airplanes. This shift signals a new era of trade between the two nations, which could stimulate economic growth and job creation in both.
Following the trade agreement news, Bitcoin surged 35%, reclaiming $100,000, and Ethereum recorded an 18% increase in trading volume. Institutional confidence has notably grown, as reflected by the positive movements in crypto-related equities.
Bitcoin Trades at $107,867 Following Major Trade Announcement
Did you know? Bitcoin’s recent rally coincides with major trade announcements, similar to the surge during the 2019 US-China trade negotiations, affirming its role as a key asset in global economic shifts.
Bitcoin (BTC), with a market cap of $2.14 trillion and a 24-hour trading volume of $49.50 billion, displayed a 34% increase over 90 days, according to CoinMarketCap. The cryptocurrency recently traded at $107,867, reflecting heightened volatility amidst ongoing geopolitical developments.
Industry experts from Coincu highlight potential implications for the crypto sector, expecting enhanced cross-border blockchain payment solutions. The increased regulatory focus on fintech aligns with ongoing discussions about digital finance and trade harmonization between global powers. As Donald J. Trump noted, “The deal includes billions of dollars of increased market access for American exports, especially in agriculture, dramatically increasing access for American beef, ethanol, and virtually all of the products produced by our great farmers. … This is now turning out to be, really, a great deal for both countries.”
Source: https://coincu.com/340412-us-uk-trade-deal-crypto/