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Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high

cryptoweekly by cryptoweekly
May 12, 2025
in bitcoin, News
0

Bitcoin pauses as major assets catch up to the US-China trade deal announcement, with $102,000 on the cards as a BTC price support retest target.

Key points:

Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news.

Nearby order book liquidity forms potential targets for traders, which now include $102,000.

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  • Dogecoin traders predict 180% DOGE price rally if Bitcoin gains continue
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  • Coinbase to become the first crypto firm to join the S&P 500
  • Top TRUMP whales hold $174M in tokens ahead of dinner with US president
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