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A month ago, as of April 8, 2025, Bitcoin reached 79,475.31 dollars. Since then, the encryption has increased by 23.34 to 99,025 dollars as of May 8, 2025.
Bitcoin rises by 2.59 percent to $ 99.025 on Thursday, amid positive feelings about trade talks between the United States of China and Donald Trump’s announcement of a “major business deal” today.
Bitcoin price today, May 8: Bitcoin rose on Thursday by 2.59 percent to 99,025 dollars amid positive feelings about the American commercial deal talks after Donald Trump’s announcement of a “major commercial deal” with the United Kingdom today. The largest cryptocurrency in the world jumped by 23.34 percent a month. On Thursday, Ethereum also jumped 3.56 percent, XPR rose by 1.71 percent, and Solana increased 3.27 percent.
As of 10:29 am, Bitcoin 99,025.59 dollars reached $ 1.97 trillion. The trading volume was 24 hours at 48.34 billion dollars, according to Binance.com. Bitcoin has increased by 2.59 percent over the past 24 hours, with a distribution of 19.86 million.
A month ago, as of April 8, 2025, Bitcoin reached 79,475.31 dollars. Since then, the encryption has increased by 23.34 to 99,025 dollars as of May 8, 2025.
Why do Bitcoin rise, you should buy?
Avinash Shekhar, co -founder and CEO of Pi42, reflects “sharp Bitcoin recovery and recovery in Altcoins market sensitivity to macroeconomic transformations, especially positive feelings about US -Chinese commercial talks.”
Sheikhar said prominent performance such as LTC and Hype indicating that traders are in capital to a high degree of renewable bullish momentum.
“With the continued regulatory developments and global economic signals, we expect increased volatility, but with a bullish swab in the short term,” while he made a proposal for merchants.
According to the Coinswitch Markets office, Bitcoin has increased to the stage of $ 99,000 for the first time in 75 days, with a profit of 2.56 percent over the past 24 hours. The price remains well supported, trading over average for 50 days, 100 days and 200 days.
“Institutional momentum continues to construction, as the Bitcoin’s investment funds in the United States recorded $ 105 million in net flow yesterday. The Tokyo -based Metaplanet also received 555 BTC as part of the continuous accumulation strategy. Between Altcoins, Sui has gained 5.1 per cent, followed by Ada and SOL, which rose 3.1 in The hundred and 2.3 percent, specifically, added.
In traditional markets, US stocks closed on Wednesday higher as traders charged signals from the discussion of the United States of China and the Federal Reserve’s decision to maintain interest rates. The S& P 500 index increased by 0.4 percent, the Nasdaq Stock Exchange added 0.3 percent, and Dow rose 0.7 percent.
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