Bitcoin is once again knocking on the door of $100,000—a psychological milestone that has captured investor attention since early 2025. As of the latest market update, the leading cryptocurrency is trading just under $99,800, marking a significant recovery from its recent lows below $75,000. This surge represents a nearly 30% gain over the past month and a 3% jump in the last 24 hours alone.
While $100,000 holds no intrinsic financial value, crossing this threshold can serve as a powerful sentiment indicator in the crypto markets. Reaching six figures again could reignite bullish momentum across the digital asset ecosystem, especially after months of volatility and regulatory uncertainty.
Why Is Bitcoin Rising Toward $100K?
The primary catalyst behind Bitcoin’s latest rally is growing optimism around international trade deals—particularly a rumored agreement between the United States and the United Kingdom. On Truth Social, former President Donald Trump teased a “big news conference” about a “major trade deal” with a “big” country, sparking immediate speculation in financial markets.
Early the next day, Trump confirmed that the U.S. had entered into a “full and comprehensive” agreement with the UK. Though details were sparse, the announcement was widely interpreted as a landmark trade breakthrough following months of economic tension caused by earlier tariff policies.
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Markets reacted swiftly. Investors view stable international trade frameworks as signs of reduced macroeconomic risk, making high-growth assets like Bitcoin more attractive. With fears of global economic fragmentation easing, capital is flowing back into risk-on assets—including cryptocurrencies.
CNBC reported that further details of the U.S.-UK agreement would be unveiled at a press conference scheduled for 10 a.m. ET, amplifying market anticipation. According to Investing.com, this wave of trade deal optimism is directly linked to Bitcoin’s climb toward $100,000.
From Tariffs to Trade: A Volatile Road to Recovery
Bitcoin’s journey to near six figures hasn’t been smooth. In April 2025, markets were rattled by what became known as “Liberation Day” tariffs—sweeping trade restrictions announced by President Trump that sent global stock markets into a tailspin. Cryptocurrencies followed suit, with Bitcoin plunging from its all-time high above $109,114 (reached in late January) to under $75,000 by late April.
That peak in January coincided with another pivotal moment: the appointment of Paul Atkins as Chair of the Securities and Exchange Commission (SEC). Seen as a pro-crypto regulator, Atkins’ nomination signaled a shift toward more favorable oversight, boosting investor confidence and pushing Bitcoin past $100,000 for the first time in December 2024.
However, the subsequent tariff-driven uncertainty erased much of those gains—until now. The current rebound suggests that markets are pricing in a new phase: one defined not by isolationist policies but by renewed diplomatic and economic cooperation.
Broader Crypto Market Gains Momentum
Bitcoin isn’t moving alone. The broader cryptocurrency market is experiencing a synchronized upswing driven by improved risk appetite:
- Ethereum (ETH): Up 6.2%, continuing its strong performance amid ongoing network upgrades.
- XRP: Gained 3.1%, benefiting from renewed speculation about regulatory clarity.
- Solana (SOL): Rose 4.2%, maintaining its status as a top performer in the smart contract space.
Even meme coins are seeing renewed interest:
- Dogecoin (DOGE): Up 5.8%
- Shiba Inu (SHIB): Up 4.7%
This broad-based rally underscores that today’s market movement isn’t isolated to Bitcoin—it reflects a systemic shift in investor sentiment toward digital assets as a whole.
Core Keywords Driving Market Sentiment
Key themes shaping this rally include:
- Bitcoin price prediction
- Cryptocurrency market trends
- Bitcoin to $100,000
- Crypto investment opportunities
- Global trade deals impact on crypto
- Digital asset recovery 2025
These keywords reflect both technical interest and macro-level concerns influencing trader behavior. As geopolitical developments intersect with financial markets, digital assets are increasingly seen as barometers of global economic confidence.
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Frequently Asked Questions (FAQ)
Q: Has Bitcoin ever reached $100,000 before?
A: Yes. Bitcoin first crossed $100,000 in December 2024 and reached an all-time high above $109,114 in January 2025 before pulling back due to macroeconomic pressures.
Q: What caused Bitcoin’s drop below $75,000?
A: The decline was largely triggered by President Trump’s April 2025 “Liberation Day” tariffs, which created global trade uncertainty and led to a broader risk-off environment in financial markets.
Q: Could trade deals really affect cryptocurrency prices?
A: Absolutely. While crypto operates independently of traditional systems, investor sentiment is heavily influenced by macroeconomic stability. Positive trade developments reduce perceived risk, encouraging capital inflows into volatile but high-potential assets like Bitcoin.
Q: Is now a good time to invest in crypto?
A: Market timing is inherently risky. However, the current rally suggests improving conditions. Investors should conduct thorough research and consider dollar-cost averaging to manage volatility.
Q: Are meme coins like Dogecoin and Shiba Inu safe investments?
A: Meme coins are highly speculative and subject to extreme volatility. They may offer short-term gains but lack the fundamentals of larger-cap cryptocurrencies like Bitcoin or Ethereum.
Q: What happens if the U.S.-UK trade deal falls through?
A: A collapse in negotiations could reignite market uncertainty, potentially triggering a sell-off in risk assets—including cryptocurrencies. However, Trump’s statement about “many other deals” in negotiation suggests ongoing diplomatic momentum.
Looking Ahead: Will Bitcoin Break $100K?
All eyes are on the upcoming press conference for official confirmation of the U.S.-UK agreement. If details support strong economic collaboration—such as reduced tariffs, expanded digital trade provisions, or regulatory alignment—it could provide the final push Bitcoin needs to reclaim six figures.
More importantly, this moment highlights a deeper trend: cryptocurrencies are no longer isolated from global macro events—they’re becoming integral indicators of investor confidence in the world economy.
With regulatory sentiment shifting under pro-crypto leadership and geopolitical tensions showing signs of de-escalation, the foundation for sustained growth appears stronger than it has been in months.
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Final Thoughts
Bitcoin’s approach to $100,000 in May 2025 isn’t just about price—it’s a reflection of evolving market psychology shaped by policy decisions, international relations, and long-term adoption trends. Whether or not it breaks through this barrier in the immediate term, the momentum behind this rally suggests that digital assets are regaining their place at the forefront of global finance.
For investors, staying informed and agile is key. As history shows, some of the most significant opportunities emerge during periods of transition—and right now, the crypto market may be entering one of its most pivotal phases yet.