๐ Bitcoin Hits $101,000! ๐ U.S. States & Banks Jump Into Crypto ๐๐ฐ
๐ Bitcoin Price Update
Bitcoin just rocketed to $101,707 (May 8, 2025) โ up 4.5% in 24 hours! ๐ New U.S. rules, big investors, and global trade hype are fueling the rally.
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### ๐ฅ Why Is Bitcoin Rising?
1๏ธโฃ ๐บ๐ธ U.S. States Now Hold Bitcoin
- Missouri passed a law letting governments save Bitcoin like gold ๐ฆ.
- No taxes ๐ซ๐ธ on Bitcoin profits for residents! More states joining soon.
2๏ธโฃ ๐ฆ Banks Welcome Crypto!
- U.S. banks can now help you trade crypto ๐ณ and store it safely ๐.
- New rules = easier for banks to support Bitcoin ๐ก๏ธ.
3๏ธโฃ ๐ Big Money Keeps Flowing In
- Bitcoin ETFs (like โcrypto stocksโ) are booming ๐ thanks to companies and everyday investors.
- A buying frenzy ๐ฅ (+ some trader liquidations) pushed Bitcoin past $100K!
4๏ธโฃ ๐ค Trade Deal Optimism
- Trumpโs new U.S.-UK deal ๐ (may cut import taxes) sparked market joy.
- Stocks like Dow Jones ๐ (+500) and S&P 500 ๐ also surged!
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### ๐ฎ Whatโs Next?
- $100K could become the floor ๐ก๏ธ if buyers stay strong.
- Watch U.S.-China talks ๐จ๐ณ on May 10 โ results might shake the market! ๐ช๏ธ
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๐ฌ What Do YOU Think?
Will Bitcoin hold $100K ๐ช or will sellers take over? Comment below! ๐
Source: Cointelegraph