From Yahoo Finance: 2025-05-08 16:43:00

Bitcoin surged above $102,000, hitting its highest level since January, following Trump’s UK trade deal announcement. Coinbase’s $2.9 billion deal to buy Deribit also boosted sentiment. Bitcoin rose 5% to $102,147 after Trump’s Oval Office remarks. Companies adopting the “Bitcoin Standard” have driven bullish sentiment, with bitcoin up over 8% YTD.

Read more: Bitcoin tops $102,000 to touch highest level since January after Coinbase, tariff deals