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Bitcoin Crosses $100K for First Time Since February

Juiced by hope of a trade deal, BTC once again crossed the significant barrier.
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May 8, 2025 • 1 min read

Bitcoin has crossed $100,000, boosted by U.S. trade negotiation optimism and resolving macroeconomic pressures. Trading near $101,800.

What’s the Scoop?

  • Major Milestone: Bitcoin surpassed $100,000 on Thursday morning, marking a significant recovery from its local low of $76,320 earlier this year.
  • Market Factors: The surge comes amid renewed U.S. trade negotiations and a stabilization of macroeconomic conditions.
  • Current Trading Price: Bitcoin was trading around $101,800 at the time of this report, showcasing bullish momentum.

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