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- #Will BTC Hit a New High?#
BTC has broken past $100,000 and is now consolidating near its peak. What’s your outlook on the next move? With bullish sentiment on the rise, could BTC reach a new all-time high?
#Crypto Market Rebounds#
The crypto market is rallying across the board — altcoins are gaining momentum, and Memecoins are heating up! 🔥MOODENG is up over 100%, while PNUT and VIRTUAL have each gained more than 45%. The total crypto market cap has now exceeded $3.22 trillion!
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Bitcoin Rise Vọt: New Agreement of Trump Kích Hoạt
Bitcoin rise
Bitcoin is attracting attention after rising from 95,700 USD to nearly 99,686 USD in just a few hours. This sudden rise is closely related to the mysterious announcement by U.S. President Donald Trump about a "major trade deal" with a "very respected country," which The New York Times confirmed to be the United Kingdom.
Global Optimism
Trump's announcement has brought a breath of fresh air to global markets, driving a major surge in the cryptocurrency market. The movement of Bitcoin is supported by strong market activity with $83.6 million in short contracts being liquidated and open interest rising by 26% to $64.4 billion, signaling a bullish trend.
Below 100,000 USD But Full of Potential
Although Bitcoin is approaching the milestone of 100,000 USD, market volatility and a lack of detailed information about the deal still create some skepticism. The announcement of Trump's press conference on May 7th has stimulated strong excitement. Bitcoin rose 2.56% to around 99,251 USD; Ethereum climbed 6%, while XRP increased by 2.5%. The total market capitalization of cryptocurrencies rose 2.72% to 3.07 trillion USD.
The Rise and Fall of Information
According to The New York Times, the agreement involves the United Kingdom, although it may only be the beginning of negotiations. However, the optimism from cryptocurrency investors has predicted potential economic benefits early on.
Hype or Real Motivation?
Some analysts suggest that this could be a "buy on rumor, sell on news" situation, hoping to profit in the short term before the announcement. Meanwhile, many point to strong fundamentals, especially the over 3 billion USD that has flowed into Bitcoin ETF funds in the past two weeks, as evidence that the upward trend could be sustainable, surpassing the 100,000 USD mark.
Future Prediction
Experts suggest that the agreement could initially focus on digital trade, tariffs, and non-tariff barriers. However, this initial excitement clearly reflects how political narratives, combined with the demands from organizations, can reshape Bitcoin's target of 100,000 USD.
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