Quote from: Ethan_Crypto on May 08, 2025, 06:52:17 PM

Bitcoin has blasted through the $101,000 mark today, reclaiming six-figure territory for the first time since February 2025.

Naturally, I had to dig in

Here’s what I found.

1. US and UK trade deal sweeteners
The newly announced trade agreement between the US and UK includes tariff reductions, sparking optimism for smoother global capital flows. Investors are betting this could strengthen cross-border business activity and Bitcoin is riding the wave.

2. US interest rates hold steady
The Federal Reserve’s decision to maintain interest rates at 4.25% to 4.5% has injected fresh confidence into risk assets. With no immediate hikes in sight, liquidity is finding its way back into crypto markets.

3. Institutional money floods in
Spot Bitcoin ETFs are seeing record-breaking inflows as institutional investors pile in. Big money is clearly bullish and the price chart reflects it.

Reserved