Bitcoin reached a record high following a temporary agreement on trade between China and the United States that eased investor concerns and calmed down macroeconomic worries.
BitcoinBTCTradingView data shows that, which is a stock, reached a record high on May 21 of $109 400, a rise of more than 26 percent in just one month. The White House announced the new record nine days before this climb. announced On May 12, a trade agreement of 90 days between the US & China temporarily cut import duties to 10%.
It is important to note that the word “you” means “you”. 90-day tariff suspension Negotiations were conducted in a cooperative manner, which reduced the likelihood of misunderstandings. “sudden re-escalation,” Aurelie BARTHERE, principal researcher at the crypto intelligence platform Nansen and Cointelegraph, explained that these factors had a major impact on investors’ risk appetite.
The reciprocal tariffs of US President Donald Trump were viewed as the greatest macroeconomic risk to traditional equity markets and cryptocurrency in 2025.
Bitcoin dropped to its lowest level of the year, $74,434 at 7 April. This was five days following Trump’s announcement. reciprocal import tariffs The global financial markets were rocked by the terrorist attacks on April 2. S&P 500 losing more than $5 trillion The value of the dollar has fallen by its most significant amount to date.
Bitcoin’s recovery began on April 9, after Trump’s election. Liberation Day marked The following are some of the ways to get in touch with us. “climax of uncertainty” for market participants, Michaël van de Poppe, founder of MN Consultancy, told Cointelegraph at the time.
Related: Bitcoin more of a ‘diversifier’ than safe-haven asset: Report
Bitcoin – May 2015 “near-flawless setup”
Bitcoin kicking off the month of May “near-flawless setup, catalyzed by a rare alignment of geopolitical de-escalation, improving regulatory optics and macroeconomic tailwinds,” Jag Kooner is the head of derivatives for Bitfinex.
“The Russia–Ukraine ceasefire talks have defused one of the primary geopolitical volatility engines of the past two years,” Kooner tells Cointelegraph that he also:
“Rather than triggering capital flight from Bitcoin — as often seen when risk wanes — this easing is unlocking a risk-on rotation. We’re seeing capital rotate into BTC and high-beta tech as the need for geopolitical hedging fades, but liquidity remains abundant.”
Capital rotation is a reflection of a “maturing narrative” You can also read about how to get started. “Bitcoin is no longer just a fear hedge — it’s increasingly a high-conviction risk asset in periods of macro stability,” Kooner said.
Russia and Ukraine “will immediately start negotiations towards a Ceasefire and, more importantly, an END to the War,” Trump In a post on May 19, X summarized his two-hour conversation with Russian President Vladimir Putin.
Related: Ukraine strategic Bitcoin reserve bill reportedly in final stages
But funding rates must remain neutral, and the open-interest rate should be stable. “consecutive setup” Bitcoin may rally above $114,000 or $120,000. This may be caused by a variety of factors. “macro or regulatory spark,” Kooner said.
Based on BTC’s strong correlation to the global money supply, other analysts predicted that Bitcoin would reach $130,000 by the end of the year 2025.
Increased money supply could push Bitcoin’s price above $132,000 Jamie Coutts is the chief cryptocurrency analyst of Real Vision. He predicts that the demand for crypto will increase by the end the year as a result of growing devaluation in fiat currency.
Magazine: Arthur Hayes $1M Bitcoin tip, altcoins ‘powerful rally’ looms: Hodler’s Digest, May 11 – 17
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: cointelegraph.com
