Bitcoin Close To $100,000, Ethereum, XRP, Dogecoin Pump As Trump Touts Trade Deal With The UK
Posted On May 8, 2025
Major cryptocurrencies rallied across the board following President Trump’s announcement of a trade deal with the United Kingdom.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $99,520.02 | +2.6% |
| Ethereum (CRYPTO: ETH) | $1,949.30 | +6.3% |
| Solana (CRYPTO: SOL) | $153.93 | +4.3% |
| XRP (CRYPTO: XRP) | $2.20 | +3.1% |
| Dogecoin (CRYPTO: DOGE) | $0.1833 | +5.8% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001342 | +4.8% |
Notable Statistics:
- IntoTheBlock data shows Bitcoin large transaction volume and daily active addresses increased by 2.3% and 8.7% respectively in a single day. Transactions greater than $100,000 increased from 9,668 to 10,628. Driven by recent optimism, around 97% BTC holders are in profit.
- Coinglass data shows crypto total short liquidations at $239 million, the highest since April 22, while long liquidations ($20.2 million) are at their lowest since April 19.
- Trader Christiaan Defi highlighted a new peak in cumulative Bitcoin ETF inflows at $40.6 billion, the highest ever.
- Crypto chart analyst …
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