Bitcoin surges to $109,000 on US-Vietnam deal

Bitcoin (BTC) is rising again. The previous day, the US Bitcoin spot ETF saw net outflows for the first time in 16 trading days, but the news of a trade agreement between the US and Vietnam has boosted the market.
As of 11 a.m. on the 3rd, the price of Bitcoin on CoinMarketCap was up 3.14% from the same time the previous day to $109,056 (approx.
US President Donald Trump announced that he had reached a trade agreement with Vietnam ahead of the expiration of the grace period for "reciprocal tariffs" imposed on various countries around the world (local time on the 8th).
This caused the New York Stock Exchange to rise. There are also prospects that Bitcoin will continue to be bullish without any major corrections and exceed $200,000 by the end of the year.
Standard Chartered predicts that Bitcoin will hit $135,000 in the third quarter of this year and exceed $200,000 by the end of the year.
"Inflows into Bitcoin spot ETFs remain strong, and we are seeing U.S.-listed companies adopting Bitcoin purchasing strategies, which is very positive."