#TradeWarEases On Monday, May 12, 2025, the price of Bitcoin (BTC) surged to its highest level since the beginning of the year, reaching $106,000, driven by a trade agreement between the United States and China that reduces import tariffs for 90 days. This agreement created positive sentiment in the global market, prompting investors to shift to riskier assets such as cryptocurrencies.
The surge in BTC prices was also supported by a 35% increase in trading volume over the last 24 hours and an inflow of institutional funds into Bitcoin ETFs, reaching $300 million in a week. Analysts estimate that Bitcoin has the potential to reach a new record price above $109,000 in the near future.