
Bitcoin surged to just under $120,000 and Ethereum approached $4,000 after news of a tariff rollback deal between Donald Trump and the EU lifted global risk sentiment. Traders interpreted the move as easing macroeconomic tensions, fueling a broader rally across crypto markets. BTC had spent the past week in a narrow range, but momentum now points to a potential breakout.
Reduced geopolitical uncertainty is reigniting investor appetite for digital assets — a key signal for both institutional and retail participants.