On May 8, 2025, Bitcoin surpassed the $99,000 mark, reaching $99,588, following statements by U.S. President Donald Trump. He announced the 'largest tax cut' and a 'great trade deal' with a country referred to as the United Kingdom by sources. These statements boosted optimism in the markets, pushing BTC to the psychological level of $100,000. The rise occurred amid a recent update of a 10-week high, prompted by Trump's calls for a Fed rate cut. Daily trading volumes increased by 15%, and the market capitalization of BTC approached $2 trillion. Experts note that Trump's macroeconomic policy may contribute to further growth of cryptocurrencies, although short-term risks remain due to the uncertainty of the deal's details. Bitcoin continues to attract investor attention as a hedge asset amid global changes.
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