It is trading at $102,735, up 1%, as the positive changes in the Bitcoin legislative and regulatory environment are finally being reflected in the price.
Bitcoin recently surpassed the $100,000 mark on the back of strong fundamentals emerging in the U.S. and the traditional financial sector. The latest surge was driven by the recent support from Donald Trump.
The comments came just days after U.S. President Donald Trump announced a trade deal with the UK that could reportedly include removing a 10% blanket tariff on all imports.
President Trump and White House officials have recently made a series of statements suggesting that trade negotiations with various countries are underway, and the market has responded positively to these statements.
The United States is also scheduled to hold high-level trade talks with China in Switzerland on May 10. President Trump has
He posted on Social Media that he expects many more trade deals to follow that are in the serious negotiation stages.
This is the first time Bitcoin has recovered to the $100,000 price range since February of this year. Meanwhile, on the 6th of last month, the state of New Hampshire became the first US state to implement cryptocurrency at the state government level.
The New Hampshire Treasury Department has officially signed into law the HB 302 asset investment bill. The bill allows the New Hampshire Department of Finance to invest in crypto assets with a market capitalization of more than $500 billion.
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2025/05/09 11:20 KST
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