#TradeOfTheWeek #TradeStoreis $BTC $ETH
Here's the English translation of the crypto news summary for today, May 10, 2025:
Bitcoin (BTC) Nears $104,000:
Today, Bitcoin's price has surged close to $104,000, marking a significant milestone this year. This rise is driven by several factors, including:
Legislation in U.S. states like New Hampshire and Arizona to establish strategic Bitcoin reserves.
Positive sentiment from U.S.-China trade talks, which has improved market confidence.
(Source: CoinDesk)
Ethereum (ETH) Performance:
Ethereum has also shown strong performance, with a price increase of around 22%, now trading near $2,550. This growth reflects rising interest in DeFi tokens.
(Source: Cointelegraph)
Market Outlook:
According to analysts:
If Bitcoin holds above $100,000, it could signal a bullish trend, potentially reaching $107,000–$109,588.
If it drops below that level, it may decline to around $88,000.
These developments highlight increasing mainstream adoption and institutional investment in Bitcoin and other cryptocurrencies.
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