Architectural Concept Design Collection

  • CONTACT
  • MARKETCAP
  • BLOG
Finances Investing and Crypto News
  • BOOKMARKS
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Reading: Trump, UK trade deal plus ETF inflows fuel Bitcoin bull run
Share
  • bitcoinBitcoin(BTC)$104,476.28
  • ethereumEthereum(ETH)$2,516.80
  • tetherTether USDt(USDT)$1.00
  • rippleXRP(XRP)$2.16
  • binancecoinBNB(BNB)$656.02
  • solanaSolana(SOL)$154.71
  • usd-coinUSDC(USDC)$1.00
  • dogecoinDogecoin(DOGE)$0.190133
  • tronTRON(TRX)$0.267402
  • cardanoCardano(ADA)$0.68
Finances Investing and Crypto NewsFinances Investing and Crypto News
0
Font ResizerAa
  • Finance
  • Investment
  • Crypto
  • Market
  • News
Search
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Finances Investing and Crypto News > Blog > Crypto > Bitcoin > Trump, UK trade deal plus ETF inflows fuel Bitcoin bull run
BitcoinMarket

Trump, UK trade deal plus ETF inflows fuel Bitcoin bull run

admin
Last updated: 10/05/2025 8:23 Chiều
admin
Published 10/05/2025
Share


Bitcoin extended its winning streak to six straight weeks, powered by renewed optimism after President Donald Trump announced a trade agreement with the U.K.

Bitcoin (BTC) was trading at $103,700 at last check on Saturday, and needs to rise by just 4.4% to hit its all-time high.

Top U.S. and China officials are also currently in Switzerland, trying to reach an agreement that will lead to lower tariffs.

Beijing’s delegation to the Switzerland talks will be led by Vice Premier He Lifeng, a close ally of Xi Jinping, who is expected to take a hardline stance against Trump’s escalating trade offensive.

The hope is that a trade deal between the U.S. and its top trading partners (i.e., China, the European Union, Canada, and Mexico) would reduce recession risks and raise the odds of Federal Reserve cuts. 

Top analysts are highly bullish on Bitcoin. In a note to clients this week, Standard Chartered analysts apologized for their $120,000 price target, arguing that it was too low. They still expect Bitcoin to end the year at $200,000. 

BlackRock, the biggest asset manager globally, predicts that Bitcoin’s price will surge to $700,000 over time. In a September white paper, the analysts noted that Bitcoin had become a safe-haven asset that is uncorrelated with stocks. They also highlighted its strong performance compared to equities after key crises like Covid-19 pandemic and the Russia-Ukraine war.

Cathie Wood’s Ark Invest believes that the Bitcoin price will climb to $2.4 million by 2030, a move that would bring its diluted valuation to $50.4 trillion. That valuation would make it bigger than the U.S. and China GDP, combined. 

Tom Lee, the popular founder of FundStrat, believes that Bitcoin will jump to $250,000 this year, while Chamath Palihapitiya sees it jumping to $500,000.

Robert Kiyosaki, author of Rich Dad, Poor Dad, sees it jumping to $250,000.

In a note this week, Kiyosaki continued to argue the case for Bitcoin over gold and silver because of its 21 million supply cap.

WHY BITCOIN is a better asset than gold or silver:

One reason why I trust Bitcoin is there are only to ever be 21 million.

I own gold and silver mines and oil wells.

If the price of gold, silver, or oil goes up, I will simply mine or drill for more, expanding supply.

I…

— Robert Kiyosaki (@theRealKiyosaki) May 7, 2025

Most analysts’ underlying theme is rising Bitcoin demand, evidenced by the $40 billion inflows into spot ETFs. At the same time, Bitcoin’s supply on exchanges continues to fall and is at its lowest level in five years.

Bitcoin price technical analysis

Bitcoin price
BTC price chart | Source: crypto.news

The weekly chart shows that Bitcoin has remained in an uptrend for a long time. Its recent retreat found substantial support at the ascending trendline that connects the lowest swings since November 2022. 

Bitcoin also remains above the upper side of the cup and handle pattern at $68,835 and the 50-week moving average. It now must cross the all-time high at $109,300, and more gains will follow. 

The likely price target in this cycle will be $123,000, which is derived by measuring the cup’s depth and then the same distance from the upper side. 



You Might Also Like

Pi Network price Bollinger Bands point to an upcoming squeeze

Nasdaq-listed Heritage Distilling accepts Bitcoin and Dogecoin in new treasury strategy

Next key catalyst? The Maxwell upgrade

Bitcoin ETFs boast inflows as IBIT closes the gap with GLD

Ethereum rallies 20%, ETH now undervalued relative to BTC

TAGGED:BitcoinbulldealETFfuelinflowsruntradeTrump

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article Meme coins, ETF hopes to send Solana to $500?
Next Article AAVE climbs 95% since April lows, tight supply sparks rally
Leave a Comment

Để lại một bình luận Hủy

Email của bạn sẽ không được hiển thị công khai. Các trường bắt buộc được đánh dấu *

Follow US

Find US on Socials
FacebookLike
- Advertisement -
Ad image
Popular News
$161m floods startups as prices sway
Emergency Funds: Importance and How to Build One
Debt Management: Strategies to Pay Off Debt Efficiently
Riot Platforms unloads 475 BTC in its biggest single-month Bitcoin sale to date
Revolut partners with Lightspark to add Bitcoin Lightning for UK and EEA users
- Advertisement -
Ad image

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Finances Investing and Crypto News

FICN.net brings you the latest in finance, investment, and crypto. Stay informed with expert insights, market analysis, and beginner guides. Whether you're new or experienced, FICN.net helps you explore opportunities, manage risks, and make smarter financial decisions in a fast-changing world.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Ad image
© 2024 Finance, Investment, and Crypto News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?