$BTC

**Bitcoin Surges Past \$105,000 Amid Easing Global Trade Tensions**

Bitcoin has climbed above the $105,000 mark, reaching a new high not seen since late January 2025. The surge comes in response to renewed optimism in global markets following a major de-escalation in trade tensions between the United States and China. Both countries recently agreed to significant tariff cuts, boosting investor confidence across traditional and crypto markets.

BTC has risen by 1.75% in the past 24 hours, trading in a range between $103,445 and \$105,525. The rally is supported by strong technical indicators, with analysts pointing to a solid support level near $102,500. Holding this threshold could pave the way for further gains in the coming weeks.

Market sentiment remains bullish, with institutional interest reportedly on the rise. Some forecasts now suggest that Bitcoin could target the $120,000 level if current momentum continues and macroeconomic conditions remain favorable.