In a potentially game-changing development for both macro markets and the crypto space, the United States and the United Kingdom are reportedly on the verge of finalizing a tariff-lifting trade agreement. As global uncertainty begins to ease, Bitcoin (BTC) is already reacting—flirting with the $95,000 mark as optimism grows.
Trade Tensions Easing: A Market Catalyst
According to the Financial Times, officials in both London and Washington have confirmed that a bilateral agreement that would remove tariffs on key industrial goods—imposed during the Trump administration—is nearly complete. The deal aims to soften previous restrictions, including the 25% steel tariffs that extended to automobiles earlier this year.
The move comes at a critical time, with US Treasury Secretary Scott Bessent stating during a congressional testimony that such an agreement could be signed “as early as this week.” Although he did not disclose the partner country at the time, it now appears the UK is leading the pack, especially after India and the UK unveiled their own free trade agreement.
Why This Matters for Crypto
A finalized deal between the US and UK would do more than just improve transatlantic trade—it would signal a return to diplomatic pragmatism. Amid fears that the US was becoming isolated in global trade talks, this development could reverse that narrative.
More importantly for crypto markets, this would significantly reduce geopolitical and economic uncertainty. The clearer the trade outlook, the easier it becomes for investors to re-engage risk assets—including cryptocurrencies.
Dey There highlights that macroeconomic clarity often acts as rocket fuel for Bitcoin and altcoins. In an environment where inflation is cooling, employment is softening, and PMI figures are turning negative, such a deal could also influence the Federal Reserve’s monetary stance, possibly accelerating rate cuts—a traditionally bullish signal for digital assets.
Market Already Reacting
Bitcoin’s surge toward $94,760 underscores the market’s sensitivity to global economic signals. As a leading indicator, crypto tends to price in expectations before traditional markets catch up. Should the US finalize additional agreements with other partners like Japan or the EU, it could create a wave of positive sentiment across risk assets.
What makes this development especially bullish is that it would offer concrete proof that the US is willing to cooperate rather than escalate, setting a constructive tone for Q3 2025 and beyond.
Sources:
For advertising inquiries, please email . [email protected] or Telegram
