Bitcoin (BTC) regained $ 100,000 for the first time for two months, and after President Donald Trump announced a major trade contract with the United Kingdom on May 8, he made a strong market sentiment, institutional increase, and macroeconomic trust.
BITCOIN has recorded a more of $ 101,493 semen, expanding a wider rally that has gained momentum in recent weeks. The flagship encryption has now risen more than 45% year -on -year, starting a steep drop to $ 74,000 in the first quarter, and regained the ground.
Based on Cryptoslate data, Bitcoin has increased almost 4% over the last 24 hours to $ 100,633 based on Press Time.
The larger encryption market is also rally, and most of the top 10 digital assets record two -digit revenue last day.
Ether Lee (ETH) has risen to more than $ 2000 for the first time since it fell earlier this year. The second largest password has increased 13.3% over the last 24 hours and traded at $ 2053 based on Prest Time.
SOLANA (SOL) rose more than 10% and traded about $ 160 in the prestation time, while BNB was traded for $ 621 after a humble profit of approximately 3.5%.
XRP increased 6.4% last day, traded at $ 2.25, Dogecoin (DOGE) rose more than 10% and traded more than $ 0.19 based on press time.
Trade transactions relieve tariffs
Comprehensive trade trading announcements between the United States and the United Kingdom have provided a new tail wind for the market, which is already rising with the goal of reducing tariffs and promoting financial cooperation. Trump also suggested in dealing with the upcoming EU and other major economies.
Stocks, goods, and risk assets, including encryption, have a wide range of foundations as investors digest the news. In the next few months, the macroeconomic environment, combined with the expectation of the Fed Monetary Policy, has appreciated the risk among investors.
The inflow of capital to Bitcoin Exchange Trading Products continued to accelerate. According to ETF’s data, several US Bitcoin Funds have attracted more than $ 1.4 billion last week with new assets.
Portfolios, including pension funds and engrowners, have changed the expectations of inflation and softened federal investigations to increase exposure.
The stocks of the company related to the digital asset space were also on the news. Coinbase recorded more than 5.6% in the initial transaction, and the strategy increased by more than 7% based on the media time.
Prudent
Bitcoin’s new milestone has reached a record high of $ 110,000 and follows the integrated period to the side of the wild swing at the price level.
Momentum was discontinued due to concerns about US regulatory uncertainty, but he ruled the optimism of the entire signal signal for the recent support for the clear market structure of lawmakers.
Despite passion, investors are cautious that Bitcoin’s six -digit thresholds are psychological markers as technical markers. BTC must maintain more than $ 102,000, the current level of resistance.
Nevertheless, the milestone records the amazing run of Bitcoin, which is being traded for less than $ 20,000 until the late 2022. The current rally is another showcase of how quickly the emotions can be shifted in the digital asset market and how deep the built -in encryption in the global financial system is.
Bitcoin market data
At the time of the press May 5th at 5:40 pm. August 8, 2025Bitcoin ranked first in market cap and price consolation 4.63% In the last 24 hours. Bitcoin has a market cap $ 2.01 24 -hour trading volume $ 61.92 billion. Learn more about Bitcoin ›
Encryption market summary
At the time of the press May 5th at 5:40 pm. August 8, 2025The Total Crypto market is worth AT $ 3.15 24 hours volume $ 137.14 billion. Bitcoin dominance is currently 63.78%. Learn more about the encryption market ›