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Here are the major news from the world of cryptocurrencies for the week of May 1 to May 8, 2025 :
🚀 Bitcoin surpasses 100,000 for the first time in three months
On May 8, Bitcoin exceeded $100,000, reaching $101,000, driven by investor optimism following a new trade agreement between the United States and the United Kingdom, as well as positive outlooks regarding upcoming discussions between the United States and China.
📈 Cryptocurrency-related stocks on the rise
This surge in Bitcoin has led to an increase in cryptocurrency-related stocks: Coinbase rose by 6%, Strategy (formerly MicroStrategy) by 7%, and Bitcoin miners Riot Platforms and Mara Holdings progressed by 7% and 8%, respectively.
📉 Recovery after a decline
After reaching an all-time high of 109,000 in January 2025, Bitcoin had dropped to 76,000 in early April due to concerns over the trade policies of the Trump administration. The recent recovery represents an increase of about 33% from this low.
🔮 In summary :
The cryptocurrency market shows signs of recovery, with Bitcoin crossing a significant milestone. Global political and economic developments continue to significantly influence the sector.
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