Bitcoin Approaches Record High of $109K as U.S. and China Reach Trade Agreement
Amid easing trade tensions and anticipated inflation data, Bitcoin is on the verge of breaking its previous records.

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Amid easing trade tensions and anticipated inflation data, Bitcoin is on the verge of breaking its previous records.
Bitcoin's value surged close to $105,000 thanks to favorable news in global trade negotiations and geopolitical issues.
Analysts offer mixed reviews on Coinbase following its disappointing first-quarter earnings, with some voicing concerns about short-term revenues while recognizing potential long-term gains from a strategic acquisition.
Recent outcomes of papal conclave predictions on the Polymarket platform challenge the effectiveness of crypto betting markets compared to traditional polls.
Key alternative cryptocurrencies are mirroring Bitcoin's recent price breakout as they gain momentum in the market.
Recent data reveals rising institutional confidence in Bitcoin through the Deribit options market, indicating strong bullish trends.

Coinbase reported a major drop in revenue in Q1, attributed to declining crypto prices and economic uncertainty, leading to stock fluctuations.
The acquisition positions Coinbase as the leading platform in the crypto derivatives market, making it a formidable competitor against Binance.
Bitcoin's price escalates by 33% in a matter of weeks after regressing to $75,000 following significant trade announcements by President Trump.
ETH and BCH are displaying bullish patterns, while DOGE and SHIB suggest potential market recovery.
According to ING, while the Federal Reserve maintains current interest rates, potential future cuts could be more aggressive due to economic uncertainties.
Former BitMEX CEO Arthur Hayes claims the U.S. Treasury is the main driver of global liquidity, predicting Bitcoin's rise to $1 million by 2028.

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