Bitcoin Breaks $105,000, Crypto Market Strengthens in the Middle of Positive Sentiment
Bitcoin (BTC) price again recorded a new record by breaking through the level of $105,000 on May 10, 2025. This increase was driven by several factors, including optimism towards the US-China trade negotiations and the Fed's decision to maintain interest rates.
Besides Bitcoin, altcoins such as Ethereum (ETH) and Dogecoin (DOGE) also experienced significant strengthening. Ethereum is trading at around $2,345.44, while Dogecoin recorded a 10% increase in the last 24 hours.
On the other hand, a fast food company from the US, Steak 'n Shake, announced that it would start accepting payments using Bitcoin in 393 locations starting from May 16, 2025. This step shows the widespread adoption of crypto in the retail sector.
