As of May 9, 2025, Bitcoin (BTC) has surged past the $100,000 mark, currently trading at approximately $102,715. This rally has been fueled by several key factors:
Trade Agreements: The announcement of a comprehensive trade deal between the U.S. and the U.K. has boosted investor confidence, contributing to Bitcoin's price increase .
Institutional Inflows: Record-breaking inflows into spot Bitcoin ETFs, exceeding $40 billion, indicate strong institutional interest .
Strategic Reserves: The U.S. government's establishment of a Strategic Bitcoin Reserve has further legitimized Bitcoin as a national reserve asset .
These developments have not only propelled Bitcoin's price but also led to significant market movements, including the liquidation of nearly $400 million in bearish positions
