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Reading: Bitcoin (BTC) Price Surpassed $102,000, Ethereum (ETH) Soared! Here’s the Reason for the Rise, Liquidations and Latest Situation!
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Mycryptopot > News > Crypto > Bitcoin > Bitcoin (BTC) Price Surpassed $102,000, Ethereum (ETH) Soared! Here’s the Reason for the Rise, Liquidations and Latest Situation!
Bitcoin

Bitcoin (BTC) Price Surpassed $102,000, Ethereum (ETH) Soared! Here’s the Reason for the Rise, Liquidations and Latest Situation!

May 9, 2025 2 Min Read
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Bitcoin (BTC) Price Surpassed $102,000, Ethereum (ETH) Soared! Here's the Reason for the Rise, Liquidations and Latest Situation!

The world’s largest cryptocurrency, Bitcoin, surpassed $ 100,000 at present after a very long time, and with the continuation of the rise, it’s traded above $ 102,000 on the time of writing this text.

The BTC value is barely 6% away from a brand new all-time excessive.

Ethereum, alternatively, has had a really spectacular and stunning rally at present. The biggest altcoin has gained over 20% within the final 24 hours and is buying and selling at $2,186 on the time of writing. With this rise, ETH has made its greatest achieve since 2021.

The rationale for the will increase is that the US is holding extra reasonable talks and signing agreements with many international locations relating to customs duties. A ten% customs obligation settlement was signed between the US and the UK. As well as, the atmosphere with China, which is probably probably the most tense aspect of the customs obligation disaster, has softened. The US administration has said that the customs duties utilized to China could possibly be lowered to round 50% subsequent week.

Lastly, the US’s assertion that it’s decided to finish the Russia-Ukraine warfare, Ukraine’s optimistic view of a 30-day ceasefire, and the optimistic talks between Zelenskiy and Trump additionally helped cut back tensions within the geopolitical atmosphere and sparked a rally in cryptocurrencies.

Together with the rise within the cryptocurrency market, main liquidations have been additionally noticed. In line with Coinglass information, the cryptocurrency market skilled a large liquidation of $793 million within the final 24 hours. $694 million of those have been briefly positions. Under you may see the quantity of liquidations within the final 24 hours.

Kripto para piyasasının tamamında son 24 saatte yaşanan likidasyonları gösteren tablo. Kırmızı, brief pozisyonların daha fazla likidasyona uğradığı kripto paraları gösterirken yeşil ise lengthy pozisyonların daha fazla olduğu likidasyonları ifade ediyor.

*This isn’t funding recommendation.

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Reading: Bitcoin (BTC) Price Surpassed $102,000, Ethereum (ETH) Soared! Here’s the Reason for the Rise, Liquidations and Latest Situation!
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