Bitcoin has once again surged past the $100,000 mark, reaching an intraday high of $101,370 on May 12, 2025. This rally is largely driven by renewed optimism in global trade, especially following a new U.S.-U.K. trade agreement and de-escalating tensions with China, which have restored investor confidence in risk-on assets like Bitcoin.
According to Business Insider, institutional inflows into spot Bitcoin ETFs have totaled more than $5.3 billion over the last three weeks. Furthermore, the firm Strategy (formerly MicroStrategy) has announced plans to invest up to $84 billion into Bitcoin, intensifying bullish sentiment.
Analysts suggest that Bitcoin may push toward $120,000 in Q2 2025, though they warn of potential short-term volatility, particularly due to low trading volume and tariff-related uncertainties that still linger.
Meanwhile, U.S. states like New Hampshire and Arizona continue to embrace crypto at the policy level by launching state-level Bitcoin reserves, a move reflecting the broader institutionalization of digital assets (Axios).
