$BTC Bitcoin (BTC) surged past $105,000 on May 12, 2025, buoyed by optimism following a U.S.-China trade agreement that reduced tariffs by 115% for 90 days . The cryptocurrency reached a high of $105,525 before settling around $104,411, with a 24-hour trading volume exceeding $26 billion and a market capitalization of $2.07 trillion .