Bitcoin Breaches $100K Again Amid Political and Macro Optimism**
Bitcoin soared past $100,000 on May 8, 2025, its third climb to this level since first hitting it in December 2024. The rally followed hints of a U.S.-U.K. trade deal from former President Trump, coupled with falling bond yields, a softer dollar, and $1.8 billion in weekly Bitcoin ETF inflows. Analysts warn the rally’s durability depends on upcoming U.S. inflation data (May 13) and budget reports. While some foresee a push toward $110,000 as retail investors join later in 2025, others stress the need for tangible trade progress. Long-term growth prospects remain strong, fueled by regulatory clarity and institutional adoption.