#BTCBackto100K
Bitcoin Tops $100K for First Time in 3 Months
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.
This latest push to above $100,000 appears to be due to a trade deal between the U.S. and UK.
Bitcoin
$102,780
is setting new all-time highs in network value as BTC price action eyes a return to six figures.
Data from onchain analytics platform CryptoQuant confirms new record highs for Bitcoin’s realized cap.
This new all-time high in Realized Cap not only reflects a surge in invested capital but also a growing conviction in Bitcoin’s long-term potential as a financial asset,” the post concluded.
“With sustained accumulation from both LTHs and STHs, the market appears to be building a solid foundation for a potentially significant price breakout. If this trend continues, we could be witnessing the early stages of a new bull cycle for Bitcoin.”
