#BTCBackto100K On May 8, 2025, Bitcoin (BTC) has surpassed $100,000 USD for the first time since February, reaching an intraday high of $101,370 USD. This surge is attributed to factors such as decreased market volatility due to tariff tensions and positive sentiment driven by a new trade agreement between the U.S. and the U.K.
🔍 Key factors behind the surge
Trade agreement between the U.S. and the U.K.: The announcement of a new trade agreement between both countries has boosted investor confidence, benefiting assets like Bitcoin.
Institutional influx: Spot Bitcoin ETFs have seen net inflows of over $5 billion in the last three weeks, reflecting growing institutional interest.
Stable monetary policy: The Federal Reserve's decision to keep interest rates unchanged has provided stability to the market, favoring risk assets like cryptocurrencies.