Bitcoin touches the USD $ 105,000 while China and the US continue the tariff conversation

By Hannah Pérez

Bitcoin approaches his ATH since he is just around the USD $ 105,000. Trump said on Saturday that USA and China are “making great progress”In commercial conversations. Other positive macro news feed the rebound.

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Positive macro news feeds the weekend rebound.
Trump said that USA and China are “making great progress“In commercial conversations.
Discussions about tariffs will continue on Sunday while other developments feed the rebound.
Bitcoin almost touched the USD $ 105,000, as close as its ATH since January.

Bitcoin (BTC) The promotion continued over the weekend in the midst of positive geopolitical development.

Commercial officials from the United States and China will follow tariffs on Sundays, with President Donald Trump ensuring that it is “making great progress”In the ongoing debate, according to the news agency AP.

Trump clarified a “Restart”Total in commercial relations between the US and China after the first day of conversations in the Swiss city of Geneva on Saturday. Although it did not provide details about the ongoing discussions, the statements seemed to feed the perspective that a possible commercial war between both world powers has been left behind.

Trump rates ads have been in the center of eyes during the last weeks, weighing on financial markets. Cryptocurrencies initially suffered from macro uncertainty, with BTC reversing below USD $ 75,000 in mid -April before a progressive recovery in the following weeks.

Bitcoin It emerged this week to resume the key level of USD $ 100,000, last seen in February. The distinguished cryptocurrency continued the rebound in the midst of a change of feeling of investors, motivated by a relief of tariff fears.

The news about a cessation of tensions between India and Pakistan, added to the insinuation of the president Vladimir Putin about an end between the war conflict between Russia and Ukraine, also fed market optimism.

On early Saturday, in addition to advancing the advances of conversations between China and the United States, Trump also announced a high fire. ”complete and immediate”In the war between India and Pakistan.

Putin’s comment assuring that he was “Humor for serious conversations with Ukraine“And his conversations suggestion”No previous conditions”In Türkiye next week, they joined the positive macro developments of the weekend.

Bitcoin almost at USD $ 105,000, approaches its ATH

Bitcoin He approached the USD $ 105,000 on Saturday afternoon (ET) in the middle of the news and the continued impulse of now close to 10% in the week. The cryptocurrency market generally reflects the trend, with certain Altcoins overcoming such profits.

BTC price evolution on May 11, 2025. Source: CoinmarketCap

Ether (Eth) that has increased just over 35% in the week, according to data from Coinmarketcapthe USD $ 2,500 resumed on Saturday before a modest setback. Dogecoin (Doge), Solarium (SUN), Cardano (ADA) and Avalanche (AVAX) also stand out among Altcoins With higher profits in the last seven days, rising 34%, 18%, 16%and 23%, respectively.

The total capitalization of the cryptocurrency market is USD $ 3.34 billion at the time of edition of this article, 1.36% higher in the last 24 hours, while BTC is negotiated around USD $ 104,250.

Liquidations in the cryptocurrency derivatives market amount to USD $ 463.85 million in 24 hours, according to data from Coinglasswhich can denote latent volatility in the market.

As Bitcoin It approaches its maximum of historical price (ATH) of more than $ 109,000, various analysts have begun to anticipate a new price break for the world’s largest cryptocurrency. The bank Standard Chartered This week was retracting this week of USD $ 120,000 for BTC this quarter, saying it was “Very low”.

Others more daring and bullies come to Bitcoin reaching USD $ 1 million this same cycle. Those figures are still to be seen. For now, the next thing for BTC will be resumed its maximum January before seeing higher levels. If this happens, –or when it happens–the market could face a correction due to the profits.

Hannah Estefanía Pérez / Diariobitcoin

Image generated with AI tool, under free use license

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