Bitcoin has made a dramatic return to the territory at six -digit and recovered its $ 100k milestone for the first time since January 2025. On May 8, 2025, BTC increased by 4.2% by a minimum intraday of $ 95,967. While optimism returns to the cryptographic panorama, Bitcoin’s recent thrust towards $ 100k can be attributed to upward macroeconomic signals, including a US-UK commercial agreement announced by the President of the United States Donald Trump. It is important to emphasize that the US Arizona has approved a encryption law for the Bitcoin Fund managed by the state.
Arizona officially implemented the bill of the house 2749 Thursday 8 May 2025. While Arizona is now committed to building a bitcoin reserve, Texas should follow closely.
The man is not winning many Nay-Sayers, a few days ago, whining, criticizing like small whores and days later, we have a clean decision of NH, therefore reversal from Arizona Gov, the next one is Texas that has done nothing big with great oil and gas!
Texas is coming to … https://t.co/o4xopwydav
– Gary Cardone (@garycardone) May 8, 2025
In addition, despite the pressure for the cuts, the Federal Reserve has maintained the rates of interest. This gave a good push to Bitcoin, which has shown strength for weeks now. Although the Fed has not reduced rates, economists expect a drop in rates in June 2025. In the meantime Trump has urged Jerome Powell and the FOMC to reduce rates, citing the cooling inflation and a reduction in the need for high loan costs.
In particular, Bitcoin violated the $ 100k sign for the first time in December last year, together with Trump’s victory. BTC went up to $ 109k before its trajectory was interrupted by factors including Trump rates and the global commercial war.
In addition to immediate events, continuous progress in the United States and in the regulation of global cryptocurrencies and the emergence of strategic reserve initiatives of Bitcoin are considered to support long -term growth. $ 110k are the next for BTC?
“$ BTC will never reach $ 100k again” – a boy in 2022
In the meantime in 2025:When do you think Bitcoin breaks $ 100k again?
Drop your hypothesis + reasoning
Let’s see who the Alfa has#BTC #Crypto #Infinite #meme pic.twitter.com/7statfavfk– Infinito (@Endlessprotocol) May 8, 2025
However, while Bitcoin enjoys a renewed domain, the wider Altcoin market fought to keep up.
Discover: Top 20 Crypto to be purchased in May 2025
Trump’s commercial agreement with the United Kingdom: the main catalyst for Bitcoin?
On May 8, 2025, a Reuters report confirmed the US-UK commercial agreement, in which Trump and British Prime Minister Keir Starmer announced a “revolutionary agreement” on trade.
By reducing the notorious Trump rates, the commercial agreement includes a 10% rate on goods imported from the United Kingdom while Great Britain has agreed to lower its rates to 1.8% from 5.1% and provide greater access to US goods.
Keyway keyway
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With the $ 100,000 psychological barrier in violation, the traders are now observing $ 105,000 as the next level of resistance to the key.
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If the US-UK commercial trade should progress without hitches, the bulls claim that the $ 120,000 route could open quickly.
The $ 100k purple bitcoin posts while the commercial agreement of the United States-UK and Arizona approves the law on the cryptocurrency reserve appeared for the first time on 99bitcoin.