{"content":"🚀 Bitcoin Smashes Records — $109,400 ATH as Global Tensions Cool Down! Bitcoin hit a record $109,400 on May 21, up 26% in a month. The U.S.–China trade deal, tariff halt, and Russia–Ukraine peace negotiations fueled the rise. Bitcoin hit a fresh record high of $109,400, extending its rebound from April lows and a wider rise spurred by strengthening macroeconomic and geopolitical situations. Bitcoin has gained over 26% in the previous month, only nine days after a brief trade ceasefire between the US and China, according to TradingView. Investors saw the agreement as a sign of lower economic risk, which boosted conventional and digital asset investments. U.S. import duties are reduced from 25% to 10%, with reciprocal discussions continuing through summer. Bitcoin rose following a sharp drop to $74,434 on April 7 after President Donald Trump's April 2 tariff statement. That caused global markets to sell out, with the S&P 500 falling more than $5 trillion—its largest decline ever. Trump designated April 9 “Liberation Day,” signifying a shift toward economic diplomacy and recovery. After the “climax of uncertainty,” MN Consultancy analysts saw market sentiment improve progressively. Bitcoin started May with a “near-flawless setup,” powered by global de-escalation, strengthening regulatory signals, and sufficient liquidity, according to Bitfinex Head of Derivatives Jag Kooner. On May 19, Russia–Ukraine peace negotiations reduced geopolitical risk, enabling markets to go “risk-on”. Kooner said Bitcoin is now seen as a high-conviction risk asset amid economic stability rather than a hedge during crises. The investment in Bitcoin and tech equities shows a change in investor behavior. Bitcoin is trading at $108,777, up 4% in 24 hours, according to The Block. Market observers think a daily closing over $108,000 is necessary for future growth. Some analysts expect $114,000–$120,000 soon, while others expect $130,000+ by year-end if macro or regulatory triggers occur. #BTC110KToday? #DinnerWithTrump #GENIUSAct $BTC $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/21/fbfbc9042e1e4346a91336d4f8b6525d.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}