Bitcoin approaches $120,000 as optimism grows from a tariff deal, marking a potential structural shift in crypto investing strategies.
Bitcoin's price surged to nearly $120,000 following U.S. President Donald Trump's tariff deal with the EU, reducing levies from 30% to 15%. This development led to a 0.94% increase in Bitcoin's value, while Ether rose 3.7% to $3,932. Institutional interest in cryptocurrencies remains strong, with many companies adopting crypto treasury strategies. The overall crypto market capitalization reached $4 trillion, indicating a significant shift in mainstream adoption.