On May 19, 2025, Bitcoin reached an all-time high of $109,400 amid improving trade relations between the United States and China.
Bitcoin Price Surge
The easing of trade tensions between the US and China positively impacted market sentiments, leading Bitcoin to surpass previous highs and indicating potential further price gains in the near future.
Expert Predictions
John Deaton, a crypto attorney, noted: 'I have a feeling once $110K is broken, $125K happens much faster than folks think.'
Impact on Cryptocurrency Market
The improvement in trade relations not only influenced cryptocurrencies but also affected traditional stock markets. The market shows increased accumulation patterns in Bitcoin wallets, indicating investor confidence. Decreased political tensions may lead to increased market stability, impacting both cryptocurrencies and traditional financial markets.
These factors highlight how economic agreements can significantly influence the cryptocurrency market, and expected regulatory changes may open new horizons for institutional investments.