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Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high

cryptoweekly by cryptoweekly
May 12, 2025
in bitcoin, News
0

Bitcoin pauses as major assets catch up to the US-China trade deal announcement, with $102,000 on the cards as a BTC price support retest target.

Key points:

Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news.

Nearby order book liquidity forms potential targets for traders, which now include $102,000.

Read more

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Recent Posts
  • Need ChatGPT’s help? It could be making you dumber
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  • Bitcoin to Ether shift going unnoticed with ‘bear market PTSD’ — Trader
  • Pacific nation Nauru passes law to establish a crypto regulator
  • Canada’s Sol Strategies files with SEC to list on the Nasdaq
  • US Bitcoin ETFs hit 8-day inflow streak despite Middle East tensions
  • Elon Musk’s AI firm xAI faces lawsuit over data center air pollution

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