Bitcoin Retakes $100,000 Amid an Easing of Global Trade Tensions
- On Thursday, Bitcoin surpassed the $100,000 mark for the first occasion since early February, reaching a trading price of $101,329.97 amid improving global trade relations.
- This rise followed a breakthrough trade deal between the U.S. And U.K., which eased tariffs and marked the first agreement since January's trade war escalation.
- Additional factors included the U.S. Federal Reserve pausing interest rate hikes and increased institutional inflows into bitcoin exchange-traded funds, boosting market confidence.
- Antoni Trenchev noted the rebound signals targets above $109,000, while on-chain data showed long-term holders offset short-term selling, reinforcing bullish momentum.
- The price surge reflects growing fiat currency skepticism in multiple regions and suggests Bitcoin could maintain its global store-of-value role amid improving macro conditions.
18 Articles
18 Articles
Bitcoin’s surge makes our $150,000 prediction look conservative
Bitcoin’s explosive rally past $100,000 signals a new era of crypto momentum—one that may make the $150K year-end target look conservative. With trade tensions easing and institutional flows accelerating, the digital asset space is gaining strength from a macro backdrop that finally aligns with market optimism. Could Bitcoin's path to new highs be unfolding faster than anyone expected?
Trump’s $6 Billion Trade Deal With The UK Pushes Bitcoin Past $100,000
Bitcoin (BTC), the market’s leading cryptocurrency, has surpassed the $100,000 mark for the first time since February, driven by a notable shift in President Donald Trump’s tariff policies, which sparked renewed optimism in the crypto market. Bitcoin Only 6% Off Its All-Time High Over the past months, aggressive tariff strategies implemented by Trump negatively impacted cryptocurrency prices, with Bitcoin experiencing a significant correction. T…
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