Bitcoin celebrates a new high since February, spreading optimism in the market. Meanwhile, Ethereum seeks to reclaim the $3,000 mark

09/05/2025• Digital Economy

Bitcoiners are smiling again. The most important cryptocurrency surpasses the barrier of $103,000, its highest price since February. The global optimism, driven by news of trade agreements and expectations surrounding the U.S. economy, is the tailwind that the crypto market needs to aim for new valuations.

The outlook includes other important and lagging assets. With a vigorous advance of over 9% this Thursday, Ethereum is launching to conquer a crucial resistance at the $2,000 mark. Its most recent performance triggered a reactivation of its traditional synchronization with Bitcoin, a pattern that iProUP anticipated in its previous analysis.

Bitcoin, very close to its historical peak

The recent surge of Bitcoin, catalyzed by Trump's announcement of a "comprehensive and complete" trade agreement with the United Kingdom, injected a dose of confidence into the financial markets. This news, disseminated through his Truth Social platform, unleashed a renewed appetite for risk, benefiting assets like cryptocurrencies.

"In the immediate future, we have Bitcoin breaking upward, with a push that can continue this bullish movement up to a resistance above $105,000," says Sebastián Serrano, CEO and founder of Ripio, to iProUP.