#BTCBackto100K Bitcoin Tops $100K for First Time in 3 Months; Are Upside Targets Too Low?
The price has jumped 33% in a few weeks after plunging to $75,000 in the days following President Trump's early April Liberation Day tariff announcement.Bitcoin is back above $100,000 after dropping just under $75,000 following President Trump's early April tariff announcements.
Traditional markets have joined crypto in rallying following the initial panic over the tariff news.
Standard Chartered's Geoff Kendrick says flows are the key dynamic in this latest move.
Bitcoin
$102,794.29
is back in six figures, continuing yet another of its famous zigs when most were expecting a zag.
To review, the world's largest crypto first pushed through $100,000 in December as it rallied hard following Donald Trump's November election victory. The price eventually rose above $109,000 in the hours prior to the Trump inauguration on Jan. 20.#BTC
