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Bitcoin jumps above $100,000 for first time since February

  • On May 8, 2025, Bitcoin climbed past $100,000 midday, reaching $101,329.97—its highest level in several months since early February.
  • The rise followed a trade deal announcement between the US and UK, signaling eased tariffs and reduced trade tensions.
  • Institutional inflows into spot Bitcoin ETFs, easing geopolitical tensions, and stimulus measures also contributed to Bitcoin's recovery.
  • Bitcoin climbed 4.7% on the day, with inflows into spot ETFs reaching $5.3 billion over three weeks, reflecting renewed investor confidence.
  • The price rebound strengthens Bitcoin's status as a resilient asset but faces tests in volatile global macro and geopolitical conditions ahead.
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  • 44% of the sources lean Left, 44% of the sources are Center
44% Center
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CNBC broke the news in United States on Thursday, May 8, 2025.
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