Bitcoin (BTC) surpasses US$ 97 thousand with relief in the trade war and Super Wednesday; will the cryptocurrency seek US$ 100 thousand again?
By
Renan Sousa
May 7, 2025, 9:23 AM - updated on May 7, 2025, 9:23 AM
On the morning of this Wednesday (7), bitcoin (BTC) shows an appreciation of approximately 3%, being traded near US$ 97 thousand. The scenario among the world's leading cryptocurrencies is predominantly positive, driven by BTC's gains.
Investors remain hopeful that bitcoin will recover the psychological level of US$ 100 thousand per bitcoin, but analysts consulted by the Crypto Times report state that there is resistance near US$ 98,800, which complicates the search for higher price levels.
Meanwhile, Asian stock markets closed higher. European indices show declines and Wall Street futures indicate advances this morning.
Before continuing with what moves risk assets this Wednesday, check the performance of the ten largest cryptocurrencies in the world today:
