$BTC

Easing U.S.-China Trade Tensions: A 90-day trade agreement between the United States and China, announced on May 12, temporarily reduced import tariffs, alleviating economic uncertainties and boosting investor confidence.

Regulatory Advances: The U.S. Senate's progression on a bipartisan bill to regulate stablecoins has been perceived positively by the market, signaling a more structured approach to cryptocurrency regulation.

Institutional Adoption: Increased institutional interest and investment in Bitcoin haveBitcoin Price News: Bitcoin Hits New All-Time High of $109,545 Amid Easing Trade Tensions and Regulatory Optimism

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