{"id":129717,"date":"2025-05-21T15:15:47","date_gmt":"2025-05-21T15:15:47","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=129717"},"modified":"2025-05-21T15:15:47","modified_gmt":"2025-05-21T15:15:47","slug":"bitcoin-hits-new-all-time-high-of-109k-as-trade-war-tensions-ease","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=129717","title":{"rendered":"Bitcoin hits new all-time high of $109K as trade war tensions ease"},"content":{"rendered":"

Source: Cointelegraph.com NewsBitcoin surged to a new all-time high after a temporary trade agreement between the United States and China eased macroeconomic fears and boosted investor confidence.
\nBitcoin (BTC) set a new high of $109,400 on May 21, rising more than 26% in the past month, according to data from TradingView. This climb to a record high came nine days after the White House announced a 90-day trade agreement between the US and China on May 12, temporarily slashing import tariffs to 10%.
\nBTC\/USD, 1-month chart. Source: Cointelegraph\/TradingViewThe 90-day tariff suspension and the cooperative tone in negotiations removed the risk of \u201csudden re-escalation,\u201d which had a significant impact on risk appetite among traditional and cryptocurrency investors, Aurelie Barthere, principal research analyst at crypto intelligence platform Nansen, told Cointelegraph.
\nUS President Donald Trump\u2019s reciprocal tariffs were seen as the biggest macroeconomic threat to traditional equities and cryptocurrency markets in 2025.
\nBitcoin briefly fell to a year-to-date low of $74,434 on April 7, five days after Trump announced his reciprocal import tariffs on April 2, sending shockwaves across global markets, with the S&P 500 losing more than $5 trillion in value, its largest drop to date.
\nBitcoin started its recovery on April 9 after Trump\u2019s Liberation Day marked the \u201cclimax of uncertainty\u201d for market participants, Micha\u00ebl van de Poppe, founder of MN Consultancy, told Cointelegraph at the time.
\nRelated: Bitcoin more of a \u2018diversifier\u2019 than safe-haven asset: Report
\nBitcoin entered May with \u201cnear-flawless setup\u201d
\nBitcoin kicked off May with a \u201cnear-flawless setup, catalyzed by a rare alignment of geopolitical de-escalation, improving regulatory optics and macroeconomic tailwinds,\u201d according to Jag Kooner, head of derivatives at Bitfinex exchange.
\n\u201cThe Russia\u2013Ukraine ceasefire talks have defused one of the primary geopolitical volatility engines of the past two years,\u201d Kooner told Cointelegraph, adding:
\n\u201cRather than triggering capital flight from Bitcoin \u2014 as often seen when risk wanes \u2014 this easing is unlocking a risk-on rotation. We\u2019re seeing capital rotate into BTC and high-beta tech as the need for geopolitical hedging fades, but liquidity remains abundant.\u201d
\nThe capital rotation reflects a \u201cmaturing narrative\u201d as \u201cBitcoin is no longer just a fear hedge \u2014 it\u2019s increasingly a high-conviction risk asset in periods of macro stability,\u201d Kooner said.
\nSource: Donald J. TrumpRussia and Ukraine \u201cwill immediately start negotiations towards a Ceasefire and, more importantly, an END to the War,\u201d Trump said in a May 19 X post, summarizing his two-hour call with Russian President Vladimir Putin.
\nRelated: Ukraine strategic Bitcoin reserve bill reportedly in final stages
\nStill, funding rates need to remain neutral and open interest stable for a \u201cconsecutive setup\u201d that may ignite a Bitcoin rally to above $114,000 to $120,000, which may be catalyzed by any \u201cmacro or regulatory spark,\u201d Kooner said.
\nOther analysts have predicted a Bitcoin rally to above $130,000 before the end of 2025, based on BTC\u2019s close correlation with the global money supply.
\nBTC projection to $132,000 on M2 money supply growth. Source: Jamie CouttsThe increasing money supply may push Bitcoin\u2019s price above $132,000 before the end of the year, as investor demand is driven by the growing fiat money debasement, predicted Jamie Coutts, chief crypto analyst at Real Vision.
\nMagazine: Arthur Hayes $1M Bitcoin tip, altcoins \u2018powerful rally\u2019 looms: Hodler\u2019s Digest, May 11 \u2013 17Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Source: Cointelegraph.com NewsBitcoin surged to a new all-time high after a temporary trade agreement between the United States and China eased macroeconomic fears and boosted investor confidence. Bitcoin (BTC) set… <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129717"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129717"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129717\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129717"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}