Bitcoin's Historic Surge

As global equities face volatility due to recent tariff announcements by US President Donald Trump, Bitcoin has emerged as a beacon for investors, breaking its two-month silence with a dramatic surge past the $118,000 mark.

Market Reactions and Future Projections

By early Friday in London, the cryptocurrency not only reached a new all-time high but also sparked optimism among traders, with some setting their sights on the $150,000 threshold. This optimism is fueled by several factors, including renewed interest in ETF inflows and the US Congressional committee's declaration of next week as "Crypto Week."

Global Policy Shifts and Bitcoin's Appeal

Adding to the bullish sentiment are indications that China may be reconsidering its stance on cryptocurrency speculation, a policy that has been in place for four years. This potential shift could open new avenues for Bitcoin's growth and adoption.