Bitcoin Surges 35% to $100,000 on Trade Optimism and Fed Policy

Bitcoin, the world's leading digital currency, has surged past the $100,000 mark for the first time since February, marking a significant milestone in its price trajectory. This surge comes after a period of optimism fueled by various factors, including renewed U.S. – China trade talks and the Federal Reserve's decision to hold steady interest rates, signaling economic confidence. The cryptocurrency has increased by 35% since April 7, with minimal retracement, indicating strong bullish momentum.

The price of Bitcoin climbed within striking distance of $100,000 as optimism grew over a potential "major trade deal" expected to be unveiled by President Donald Trump. This optimism, coupled with the Federal Reserve's decision to maintain steady interest rates, has bolstered investor confidence in the cryptocurrency market. The surge past the $100,000 mark is the third time Bitcoin has reached this level since December 2024, highlighting its resilience and potential for further growth.

The cryptocurrency's price has been on an upward trajectory, reaching a high of $99,222.22, which is the first time it has crossed the $99,000 barrier since March. This gain of 2.70% in the last 24 hours further underscores the strong bullish sentiment surrounding Bitcoin. The cryptocurrency's price has been buoyed by growing investor confidence, with both long-term and short-term holders strengthening their positions as the market shows signs of recovery.

Market experts predict that if this bullish signal is sustained, Bitcoin could potentially wipe out its previous price all-time high of $109,000 set in January 2025. The coming days will reveal whether the current bullish signal is a sign of Bitcoin's astronomical movement toward the half-million-dollar zone. The cryptocurrency's price has been on an upward trajectory, reaching a high of $99,222.22, which is the first time it has crossed the $99,000 barrier since March. This gain of 2.70% in the last 24 hours further underscores the strong bullish sentiment surrounding Bitcoin. The cryptocurrency's price has been buoyed by growing investor confidence, with both long-term and short-term holders strengthening their positions as the market shows signs of recovery.