Bitcoin has made a dramatic return to a six -digit territory and recovered its $ 100,000 milestone for the first time since January 2025. On May 8, 2025, the BTC jumped 4.2% compared to an intra -day hollow of $ 95,967. While optimism returns to the landscape of cryptography, the recent Bitcoin thrust to $ 100,000 can be credited for Haussiers macroeconomic signals, including a historic American trade agreement announced by US President Donald Trump. Above all, the American state Arizona has approved a historic Crypto reserve law for the Bitcoin Fund managed by the State.
Arizona officially promulgated the bill in Chamber 2749 on Thursday, May 8, 2025. While Arizona is now determined to build a Bitcoin reserve, Texas should follow closely.
The man does not win sweet – so shortly, a few days ago, whining, criticizing like small female dogs and days later, we have a clean NH decision, then the reversal of the Arizona Gov, then is Texas which has done nothing big since the big oil and gas!
Texas enters the …
– Gary Cardone (@Garycardone) May 8, 2025
In addition, despite the pressure of reductions, the federal reserve held stable interest rates. This has given Bitcoin a good help, which has been showing strength for weeks now. Although the Fed did not drop the rates, economists expect a drop in rates in June 2025. Meanwhile, Trump urged Jerome Powell and the FOMC to reduce rates, citing cooling inflation and reduces the need for high borrowing costs.
In particular, Bitcoin violated the brand of $ 100,000 in December of last year, alongside Trump’s victory. BTC went up to $ 109,000 before its trajectory was interrupted by factors such as Trump prices and the world trade war.
Beyond immediate events, continuous progress in the regulation of American and global cryptography and the emergence of Bitcoin reserve strategic initiatives are considered favorable to long-term growth. $ 110,000 is the next for BTC?
“$ BTC will never strike $ 100,000” – a guy in 2022
Meanwhile in 2025:When do you think Bitcoin breaks again $ 100,000?
Place your assumption + reasoning
Let’s see who has the alpha#BTC #Crypto #Fine #even pic.twitter.com/7statfavfk– endless (@endlessprotocol) May 8, 2025
However, while Bitcoin benefits from renewed domination, the wider Altcoin market had trouble keeping the pace.
Discover: Top 20 crypto to buy in May 2025
Trump’s trade agreement with the United Kingdom: major catalyst for Bitcoin?
On May 8, 2025, a report by Reuters confirmed the US-US trade agreement, where Trump and British Prime Minister Keir Starmer announced a “breakthrough” on trade.
By reducing the sadly famous Trump prices, the trade agreement includes a 10% tariff on goods imported from the United Kingdom while Great Britain agreed to lower its prices to 1.8% against 5.1% and provide better access to American goods.
Key dishes to remember
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With the psychological barrier of $ 100,000 raped, the traders are now considering $ 105,000 as the next level of resistance to key.
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If the US-UK US trade agreement is progressing smoothly, the bulls maintain that the track at $ 120,000 could open quickly.
The Bitcoin position raped $ 100,000 while the US-UK and Arizona trade agreement approves the crypto reserve law appeared first on 99Bitcoins.
