BTC is the biggest name in the crypto industry. No other token can exert such influence on the crypto landscape as BTC. However, the token slumped in the last few cycles due to macroeconomic happenings.
Before the infamous rough patch, the token was hovering around the $107,000 mark. Then the rough patch hit the market, and the token fell between the $70K and $80K bracket. However, the market corrected itself again, and the token’s price rose again.
At press time, the token was worth $104,179.72, with a current market cap of $2.07 trillion. This is the highest price movement since February 2025, when the token suffered a slump. As of now, BTC has held above the $100,000 mark for the last three days.
What Pushed The Price Higher?
While some believe the token has spiked due to an internal price correction, business experts have their own understanding. According to industry experts, this price movement was catalyzed by President Trump’s announcement of a ‘total reset’ stance in the US-China trade war.
Whatever the case, the token is currently standing tall above the $100k mark and showing good traction. This could catapult it into a bull run, pushing the price higher. Then again, the market always comes with its mind. Therefore, approach the situation with tempered expectations.
