🚀Bitcoin Approaches All Time High

Are you prepared for this?

Author

Kairav Joshi
May 10, 2025

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Hey crypto trailblazer, đź‘‹

Bitcoin is making headlines again, surging past $104,000 and approaching its all-time high. This rally is fueled by renewed optimism in U.S.–China trade relations, potential shifts in Federal Reserve policy, and significant political developments.

Let's delve into the key updates:

🇺🇸🇨🇳 U.S.–China Trade Talks Signal 'Total Reset'

President Donald Trump announced a "total reset" in trade relations with China following constructive talks in Switzerland. Both nations agreed to open Chinese markets to American businesses, easing global trade tensions. This development has boosted investor confidence, contributing to Bitcoin's upward momentum.

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🚀 Bitcoin Nears Record High Amid Institutional Inflows

Bitcoin reached $104,900, just 4% shy of its all-time high. The rally is supported by over $1 billion in inflows into U.S.-listed Bitcoin ETFs this week, with BlackRock's iShares Bitcoin Trust marking 19 consecutive days of gains.

Analysts attribute this surge to genuine demand, as evidenced by declining exchange balances and increased on-chain accumulation by long-term holders.

🏛️ Vice President Vance to Address Bitcoin 2025 Conference

U.S. Vice President JD Vance is set to speak at the upcoming Bitcoin 2025 conference in Las Vegas on May 28. This marks the first time a sitting U.S. vice president will address a digital asset conference.

Vance, who disclosed holding up to $500,001 in Bitcoin, has largely stayed out of the media spotlight regarding crypto policy. His appearance comes amid scrutiny over President Trump's ties to the crypto industry.

Stay tuned as we monitor these developments and their impact on the crypto market.

Stay epic,
Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.

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