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Bitcoin trades near $104,000; analyst says new all-time high 'plausible'

On May 12, 2025, Bitcoin traded near $104,000, marking a significant rise from its April low of $74,492 amid ongoing market momentum.
This rally followed a 35% increase from Bitcoin’s lowest point this year, driven by strong institutional demand and positive U.S.-China trade developments.
Increased inflows of over $600 million into spot Bitcoin ETFs last week and declining exchange-held supply support Bitcoin's upward momentum.
Analyst Vincent Liu described Bitcoin's progress as a 'plausible path toward a new all-time high,' just 4.5% below its $108,786 January peak.
While short-term volatility remains possible due to economic data releases, the current institutional interest and technical strength suggest potential for further gains.

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Bitcoin trades near $104,000; analyst says new all-time high 'plausible'

1 day ago

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World NEWS Live

Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high - WorldNL Magazine

Bitcoin pauses as major assets catch up to the US-China trade deal announcement, with $102,000 on the cards as a BTC price support retest target. Key points:Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news.Nearby order book liquidity forms potential targets for traders, which now include $102,000.A classic moving average retest suggests that a new all-time high should result.Bitcoin (BTC…

15 hours ago

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Bloomberg Linea

How far will the bitcoin price go? Forecast for 2025 after more than US$100,000

Bitcoin, the most popular cryptocurrency in the world, climbed back over the US$100,000 in the midst of a favourable regulatory scenario and a combination of macroeconomic factors in the midst of the trade war. Bitcoin was listed at US$104,320 over the 9am ET hour and the market capitalization of this cryptocurrency reached US$2,071 billion today.

17 hours ago

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DailyTruthReport

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Cointelegraph

Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high

The post Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high appeared first on Daily Truth Report • DailyTruthReport.com.

19 hours ago

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Handelszeitung

Bitcoin & Co.: Why cyberdevisors are in demand again

Bitcoin is at its highest level in over three months. The reasons for this - and how the cryptocurrencies could go on.

20 hours ago

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Ámbito

By the US-China truce, Bitcoin reaches peaks in almost four months and exceeds US$104,000

In this context, the altcoins operate with strong profits of up to 40% led by PI, followed by Shiba Inu (5.5%), Dogecoin (4.8%) and Binance Coin (3.8%).

22 hours ago·Argentina

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