$BTC $BTC

On May 12, 2025, the price of Bitcoin settled around $104,500, after touching $106,000 earlier in the day. This rise came as a result of the trade agreement between the United States and China, which temporarily lowered tariffs, encouraging investors to turn towards digital assets. 

In another context, the company "American Bitcoin," backed by Eric Trump, announced plans to merge with "Gryphon Digital Mining" through a stock exchange deal, enhancing the family's presence in the digital currency space. 

On the other hand, "Strategy" purchased an additional 13,390 Bitcoins, bringing its holdings to 568,840 Bitcoins, with a total value of $1.34 billion. 

Despite these positive developments, analysts indicate that reaching new record levels may be difficult in the near term due to profit-taking and concerns about potential political changes. 

Overall, Bitcoin continues to attract investor interest, with expectations of future rises that could reach $150,000, driven by technical analysis and renewed optimism in the market.