Bitcoin tops $100,000 on trade deal optimism

NEW YORK (Reuters) - Bitcoin topped $100,000 on Thursday for the first time since early February, bolstered by a wide-ranging deal between the United States and the United Kingdom in a sign that perhaps U.S. President Donald Trump's trade war with the rest of the world is easing.

By midday, bitcoin was trading at $101,402.19, a 4.8% gain on the day. The world's biggest cryptocurrency has clawed its way back into positive territory for the year, although it remains off the all-time high above $109,000 reached in January.

(This story has been corrected to fix the record level to above 109,000, not 107,000 and month to January, not December, in paragraph 2)

(Reporting by Tommy Reggiori Wilkes and Gertrude Chavez-Dreyfuss; Editing by Mark Porter)

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