Market Update

Bitcoin exceeds $ 100,000 – will you pay it to $ 120,000? Zycrypto

advertisement

& Nbsp & nbsp

The price of Bitcoin rose to $ 100,000 on May 9, 2025, as it was sent a ripples of excitement through the encryption world.

Traders watched the tape as BTC rose from $ 9,200 in early Asian watches to its peak of $ 99,050 before settling about 103,900 dollars.

This step came in the midst of a A wave of total developments. Data indicates a market that has been discovered between new liquidity, the US -fixed prices, and the registration of the Habbiyah bets.

Promoting bitcoin liquidity from Beijing

The Chinese Central Bank reduced the lending rate for one year by 15 basis points. It also reduced the rate of reserve requirements by half a percentage. Together, these moves were liberated by an estimated $ 100 billion of liquidity in the market.

The reduction of the rate is the first reduction since December 2024. It came at a time when Beijing is seeking to increase growth and support stock and property markets. Merchants noticed timing: China announced measures a few hours before Bitcoin $ 99,000 broke.

advertisement& nbsp

Through the Pacific Ocean, the American Federal Reserve has stopped its tightening cycle. In his statement on May 1, the Federal Reserve remained a goal at 5.25 percent. Officials were martyred for mixed growth signals and cooling.

Temporary suspension contrasts with Beijing’s relief. He confirmed the diverse policy paths. Behind the scenes, relations between the United States and rich improved. Diplomats held secret talks on May 2.

They agreed to start official trade negotiations on Friday, May 16 (US Trade Representative Office, May 2, 2025). Traders explained this step as a sign of decreased friction in the goods and capital flows.

Market signal deviation

Not every indicator chanted by gathering. On Coinbase Pro, the Bitcoin price bonus against global standards fell to negative lands on May 9. American traders pushed a simple deduction, representing the first negative premium in six weeks.

Meanwhile, Cryptoquant has reported a short record between institutional funds on the same day. The money increased from Habboudia positions with high prices. It is similar to previous short updates, as forced purchases collects.

Bulls refers to increased liquidity in China and the Federal Reserve Contract. They see the melting of ice in the United States – connecting China as an additional incentive. They argue that the cross -border flows may increase with official commercial talks scheduled for May 16.

They add this short record to the main boxes that pave the stage for short pressure. If these bets relax quickly, Bitcoin may exceed the cellar of between $ 100,000.

Bears, however, beware of caution. They notice that Coinbase Pro Premium is negative as a warning sign. They argue that the United States request may fail to buy abroad. They are concerned that heavy short situations reflect more deep doubts.

These short pants can enhance the sale if the policy relieves disappointment or trade talks. It also indicates a decrease in the size of the Asian during the golden week from May 10 to May 16. Thin liquidity can exaggerate price fluctuations in either direction.

Bitcoin climbed slightly over $ 104,000, a moment of the political war was seized. Beijing dilution rates and fixed rates of Washington made mixed signals. Relations between the United States improve – hinting to a smoother trade. However, the internal markets of the US negative installments to the short peak draw a complex image.

BTC/USDT Planning | Source: TradingView

Whether Fomo will pay Bitcoin towards the highest new level ever (ATH) It is still open. Traders will monitor short transformations in size and miscarriage with the reopening of Asia after the golden week. They will follow updates from Beijing ads, Federal Reserve, and USTR.

At the time of writing this report, the price of Bitcoin 103,782 has been 0.65 % over the past 24 hours. The following moves may depend on the headlines as it is in circulating psychology.

https://zycrypto.com/wp-content/uploads/2021/10/Bitcoin-Price-Shatters-A-New-All-Time-High-Above-66000-In-Record-Breaking-Day.jpg

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button