On May 13, 2025, the price of Bitcoin ($BTC ) experienced a significant increase, breaking through the $105,000 level. This rise was driven by several key factors:

1. US-China Tariff Agreement: The announcement of a reduction in import tariffs by the United States and China for 90 days provided positive sentiment for the market. This move is seen as an effort to ease trade tensions and stimulate global economic growth. As a risk asset, Bitcoin benefited from this optimism, with prices reaching $105,231.94.

2. Increase in Institutional Investment: A flow of $5.5 billion entered digital asset funds in the last three weeks, including $1.8 billion into Bitcoin products. This reflects the growing institutional interest in Bitcoin as a hedge against economic uncertainty.

3. US Government Support for Crypto: