Crypto shares continued to rise on Friday. Canaan up 22%; MARA, CleanSpark up around 12%; Riot Platforms up 4%; Bit Digital up 3%.

Bitcoin has crossed the $103,000 benchmark and is now trading at $103,282.

Trump announced an agreement with the UK on Thursday, saying full details of the pact would still be negotiated over the coming weeks. But under the agreement, the UK would fast-track American goods through their customs process and reduce barriers on agricultural, chemical, energy and industrial exports.

The announcement is the first Trump made since imposing high tariffs on dozens of US trading partners.

Trump has become an advocate of digital assets during his second term, paving the way for the crypto industry by rolling back legal actions against many companies in the sector, establishing a Bitcoin reserve, easing regulation and even getting into the business. Trump family related entities launched the decentralized finance platform World Liberty Financial, issued a stablecoin backed by the dollar and memecoins featuring the president and the first lady Melania Trump.

The president’s embrace hasn’t been without controversy. The millions in dollars in profits already earned by the Trumps is threatening to derail a quick deal on bipartisan stablecoin legislation backed by both the crypto industry and the White House.