Bitcoin tops $100,000 on trade deal optimism By Reuters

Bitcoin US Dollar0.01%Bitcoin US Dollar0.02%BTC/USD0.02%

NEW YORK (Reuters) - Bitcoin topped $100,000 on Thursday for the first time since early February, bolstered by a wide-ranging deal between the United States and the United Kingdom in a sign that perhaps U.S. President Donald Trump’s trade war with the rest of the world is easing.

By midday, bitcoin was trading at $101,402.19, a 4.8% gain on the day. The world’s biggest cryptocurrency has clawed its way back into positive territory for the year, although it remains off the all-time high above $109,000 reached in January.

(This story has been corrected to fix the record level to above 109,000, not 107,000 and month to January, not December, in paragraph 2)