Trade of the Week – Bitcoin (BTC) | Update: May 9, 2025
Bitcoin (BTC) is this week’s standout trade after crossing the $100,000 mark.
Current Price: $103,742
24-Hour Change: +$4,499 (+4.53%)
Intraday High: $103,742
Intraday Low: $99,099
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Why BTC?
1. US-UK Trade Deal Optimism: Investors are reacting positively to signs of easing global trade tensions.
2. Market Rally: Stocks and crypto are both gaining, suggesting strong overall momentum.
3. Institutional Buying: Continued inflows into BTC ETFs reflect long-term confidence.
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