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International Business Times
International Business Times
Business
Marvie Basilan

Bitcoin Skyrockets To $93K, Targets $100K Amid Expected Trump Trade War Cool-Off

Bitcoin is the world's most valuable cryptocurrency. (Credit: André François McKenzie/Unsplash)

KEY POINTS

  • Ethereum saw the largest gains in the day among all major cryptocurrencies
  • Other altcoins, including $XRP and $ADA, were also in the green
  • Some experts believe $100,000 is possible amid positive signals in the Trump trade war

Bitcoin, the world's largest cryptocurrency by market cap, surged to $93,000 Tuesday amid bullish signals and expectations that U.S. President Donald Trump's global trade war will begin cooling off in the coming weeks.

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