US EditionBitcoin jumps above $100,000 for first time since February
- On Thursday, Bitcoin surpassed the $100K threshold for the first occasion in over three months, reaching an intraday peak of $101,879 in U.S. Trading.
- The rally followed renewed optimism after President Trump unveiled a limited U.S.-U.K. Trade agreement and eased tariff rhetoric that had unsettled markets.
- Supporting gains came from broad stock market advances, a surge in other cryptocurrencies like Ether and Solana, and strong inflows of $5.3 billion into spot bitcoin ETFs over three weeks.
- Antoni Trenchev, co-founder of Nexo, remarked that bitcoin has demonstrated strong recovery capabilities, though its durability will face challenges amid ongoing uncertainty.
- The jump suggests increasing institutional interest and optimism around trade diplomacy may continue to support bitcoin, though risks from low trading volumes and global volatility remain.
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71 Articles
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Bitcoin just hit $100,000 for the first time in 3 months
Chesnot/Getty ImagesBitcoin broke past $100,000 on Thursday for the first time since February.The world's largest crypto has been rising alongside risk assets as trade optimism grows.A bullish bank analyst says bitcoin will hit $120,000 this quarter. Bitcoin reclaimed the six-figure mark on Thursday, crossing $100,000 for the first time in three months. The top crypto hit an intraday high of $101,370, the highest level since early February.A num…
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