Bitcoin breaks $105,000 amid US-China trade truce
On May 12, 2025, bitcoin hit $105,032 amid easing trade tensions between the US and China. After bilateral talks in Geneva, the countries agreed to reduce tariffs: the US from 145% to 30%, and China from 125% to 10% for 90 days. This agreement caused optimism in the markets, lifting bitcoin, stock indices and the dollar. According to Coinmarketcap, the cryptocurrency rose by 0.34%, although by 11:15 the price adjusted to $104,178.
Analysts attribute the growth to hopes for a slowdown in inflation in the US and a steady inflow of funds into bitcoin ETFs, in particular BlackRock (IBIT), which attracted $5 billion. Experts predict that Bitcoin could reach $109,350–$120,000 in the second quarter if the yield does not exceed 4.8%. Geopolitical stability and macroeconomic factors remain key to the cryptocurrency’s further growth.
Sources: delo.ua, unn.ua