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 reduced import tariffs for 90 days. This agreement created positive sentiment in the global market, encouraging investors to shift to riskier assets such as crypto.

The surge in BTC price was also supported by a 35% increase in trading volume over the last 24 hours and an influx of institutional funds into Bitcoin ETFs totaling $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.