🔥Bitcoin News – Sunday, May 11, 2025
💰 Current Price: Ranges between $102,000 and $104,000
📈 Recent Peak: Reached $105,000 last week
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Key Updates:
📰 International Trade Agreement
The United States 🇺🇸 and the United Kingdom 🇬🇧 have signed an important trade agreement, boosting investor confidence and contributing to the rise in Bitcoin's price.
🏦 Massive Institutional Inflows
Bitcoin investment funds have seen inflows exceeding $5.3 billion over the past three weeks, reflecting increasing institutional interest.
⚖️ New Government Support
The states of Arizona and New Hampshire have enacted laws allowing Bitcoin to be stored as an official financial reserve, marking a historic step in the world of digital currencies.
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Future Predictions:
🔮 Analysts expect Bitcoin to reach $120,000 during the second quarter of 2025.
⚠️ However, there are warnings of potential volatility due to declining trading volume and ongoing trade tensions.
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Summary:
Bitcoin continues its upward trajectory supported by political and economic events, but caution is advised regarding any sudden market fluctuations.
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