Positive cryptoine dynamics can be attributed to expectations of reduction in trade intensity.
The cost of Bitcoin’s most popular cryptocurrency exceeds 100 thousand dollars per unit. This was confirmed by CoinDesk’s platform data on Thursday, May 8.
The course of Bitcoin reached $ 101, the last time the indicators were recorded in January 2025. The cryptocurrency market capitalization exceeds 2 trillion dollars.
Etherium also increased significantly – the second largest cryptocurrency market. Its rate exceeds 2 thousand dollars, adding more than 11% on the previous day.
According to Bloomberg, a positive cryptoine dynamics may be linked to the expectations of a reduction in trade intensity. This happened following US President Donald Trump’s statement to reach an UK agreement.
It should be noted that in April, cryptocurrencies lost almost all the revenues received after Donald Trump’s victory in the election in 2024, due to the tariffs introduced by the US President for almost all countries in the world.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.