Trump predicts "Big news at 10 PM tonight": A trade agreement with an important country will be reached, Bitcoin rises to $98,800

U.S. President Donald Trump's announcement of a major trade deal with an "important and well-respected country" at 10 p.m. Taipei time has aroused great concern in the market. (Synopsis: Huang Jenxun wants to buy bitcoin? How credible is Nvidia's consideration of "buying BTC" as an AI strategy? (Background added: US non-farm payrolls exceeded expectations in April!) Bitcoin approaches 98,000 magnesium, S&P 9 consecutive red hit a 20-year record) As US President Trump approached 9 a.m. today (8), he announced through the community Truth Social that a press conference will be held in the Oval Office of the White House at 10 a.m. EST on May 8, 2025 (10 p.m. Taipei time tonight) to announce a major trade deal with an "important and well-respected country." Important and well-respected country, this agreement will be the first of many upcoming agreements... Partner speculation and possible details Because Trump did not specifically name the countries he cooperated, there was widespread speculation in the market. However, according to Politico, some indications are that a potential partner could be the United Kingdom, and details of the agreement may include the United States reducing tariffs on British cars and steel, while the United Kingdom will cut tariffs on American cars, agricultural products, and mitigate the impact of the digital services tax on American technology companies. However, considering Trump's optimism about future agreements with India, Japan and South Korea, India is also seen as a possible target. Commerce Secretary Howard Lutnick also earlier confirmed that the United States has reached a trade deal with an undisclosed country, but the deal is pending congressional approval. Bitcoin hits $98,800 The United States is currently actively engaged in trade negotiations with dozens of countries, including Taiwan, and if more good news comes out, it is expected to further ease market tensions. Bitcoin may have been incentivized by this, and the writing currently reached a maximum of $98,844. Related Stories The Governor of Arizona 'Vetoes Bitcoin Reserve Act': Virtual Currencies Are Unverified Investments... Vitalik: Ethereum is overly complex, L1 should be simplified to the point of "close to bitcoin" in five years Bitwise predicts that the "four major US brokers" will open bitcoin ETFs at the end of the year, and the real bull market of national speculation is coming? "Trump predicts "something big tonight at 22:00": will reach a trade deal with an important country, bitcoin climbs $98,800 This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".