#BTCBackto100K

On May 8, 2025, the price of Bitcoin surpassed $100,000 for the first time since February, recording a daily high of $101,370, supported by investor optimism following the announcement of a trade agreement between the United States and the United Kingdom, which boosted risk appetite in the markets.

Bitcoin exchange-traded funds saw cash inflows of $5.3 billion over the past three weeks, reflecting increased institutional interest.

Some financial institutions, such as Standard Chartered, expect the price of Bitcoin to reach $120,000 in the second quarter of 2025, with the possibility of hitting $200,000 before the end of the year.

However, analysts warn of short-term volatility due to declining trading volumes and ongoing uncertainty regarding tariffs.

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