Bitcoin crossed the $ 100,000 mark for the first time since February on Thursday, carried by the trade agreement between Washington and London, which reassures investors on risky assets like cryptocurrencies.
“Now that the United States appears more reasonable and conclude agreements with other countries, cryptocurrencies go up“, notes Stéphane Ifrah, analyst at Coinhouse, questioned by AFP, for whom”There is clearly a return of appetite for the risk“.
Bitcoin crossed the symbolic level of 100,000 dollars for the first time in December, then reached a record price of 109,241.11 dollars on January 20, a few hours before the inauguration of Donald Trump at the head of the United States. The Republican had campaigned by promising a second pro-Crypto mandate, and in particular the creation of a national Bitcoins strategic reserve, since Acté.
But the US president’s customs of customs announcements then raised a wave of uncertainty in the financial markets. If they were not directly affected by these surcharges, digital currencies have however undergone their reputation as a particularly volatile assets, and was abandoned by investors in favor of safer values, such as gold.
-The sector was also splashed this year by several scandals, such as the collapse of $ Libra cryptocurrency, previously promoted by the Argentinian president Javier Milei, or the historic flight of $ 1.5 billion on the Bybit platform by North Korean hackers. In early April, Bitcoin even fell below 75,000 dollars.
For several weeks now, Bitcoin has been picking up the hair of the beast, carried by the influx to the ETFs, from investment products according to the performance of this crypto, underlines Stéphane Ifrah.
The agreement between the United States and the United Kingdom “is one more reason to bet on an increase in bitcoin, as many other agreements are likely to follow“, Boarding a relaxation of the trade war, says Charlie Morris, analyst at Bytetree, in response to AFP.
Around 4:25 p.m. GMT (6:25 p.m. Brussels time), the most capitalized of cryptocurrencies climbed 4.22%, to 100,881 dollars. Second largest digital currency by capitalization, the Ether flew from 13.9% to 2,058.24 dollars.