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Home»Bitcoin»Bitcoin approaches ATH while the market increases on American-Chinese prices
Bitcoin

Bitcoin approaches ATH while the market increases on American-Chinese prices

May 12, 2025No Comments3 Mins Read
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A commercial agreement of historic American China has sparked a new gathering on the cryptography market, raising Bitcoin closerS high time and stimulating the Japanese metaplanet and potentially strategy to add to their BTC war chests.

Announced after weekend interviews in Switzerland, the agreement will see the two pricing nations on the products of the other for 90 days while the nations work to defuse bilateral tensions. The United States will drop the samples from Chinese products from 145% to 30%, while China will reduce its prices on American imports from 125% to 10%.

Bitcoin (BTC) responded positively, climbing more than 1% to $ 105,231.94 early on Monday, reducing the gap at its top of all time in January from $ 109,114.99. Other cryptos have increased even more strongly – Pi Network (PI) has jumped 55%, Dogwifhat (WIF) climbed by 39% and Kaspa (KAS) earned 21% in 24 hours.

Top Altcoin Ethereum jumped 3.9% and XRP climbed by 2.8%.

Metaplanet exceeds El Salvador in Bitcoin Holdings with the last purchase

In the midst of the bullish feeling, the investment company based in Japan Metaplanet announced that it had exceeded El Salvador in Total Bitcoin Holdings after acquiring 1,241 additional BTC – a purchase of $ 126.7 million at an average price of $ 102,119.

Metaplanet CEO Simon Gerovich shared the news in an article on X on May 12And said that the company’s purchase of bitcoin “begins to do”.

Metaplanet acquired 1241 BTC for ~ 126.7 million dollars at ~ 102,119 $ per bitcoin and reached the BTC yield of 170.0% YTD 2025. At 5/12/2025, we hold 6796 $ BTC Acquired for ~ 608.2 million dollars at around $ 89,492 per Bitcoin. $ MTPLF pic.twitter.com/kxnwl5hg0d

– Simon Gerovich (@gerovich) May 12, 2025

After his last Bitcoin Buy, metaplanet Now holds 6,796 BTC, having spent $ 608.2 million at an average cost of $ 89,492 per room. This placed it before El Salvador, which contains 6,174 BTC, according to the Bitcoin office.

Saylor of the strategy alludes to another Bitcoin Buy

Metaplanet is not the only company to load on Bitcoin. Strategy, the biggest The corporate BTC holder around the world could announce another purchase later in the day.

In an X job Yesterday, the executive president of the Saylor strategy published a screenshot of the Saylortracker diagram with the legend “Connect the points”. The previous articles of Saylor, which included a photo of the graph, were followed by Bitcoin purchasing announcements from the strategy.

The accumulation of metaplanet and strategous of the main crypto occurs while Bitcoin pumped more than 9% last week. This helped the BTC to go up above the $ 100,000 mark and to be negotiated at $ 103,905.73 to 1 h 19 hne, according to data from Coinmarketcap.

The recent gain has also added to the positive monthly crypto performance. Consequently, the price of Bitcoin increased by 24% in the last month.

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