$BTC 🌱🍀 $BTC Bitcoin shines amid U.S.-China trade relief
On May 12, 2025, Bitcoin (BTC) remains firm above $102,000, after reaching $105,000, its highest level since January. This momentum coincides with "substantial progress" in trade negotiations between the U.S. and China in Geneva, which have temporarily reduced tariffs and generated optimism in global markets.
The establishment of an economic consultation mechanism strengthens expectations of stability, boosting risk assets such as cryptocurrencies. Bitcoin ETFs in the U.S. recorded record inflows of $62.9 billion since January 2024, reflecting strong institutional demand.
Analysts suggest that if the trade agreement solidifies, BTC could surpass $110,000 in May, although some warn that its role as a safe-haven asset could weaken if trade uncertainty decreases. For now, the crypto market celebrates, with altcoins like Ethereum also on the rise.