{"id":25856,"date":"2025-05-08T17:17:10","date_gmt":"2025-05-08T17:17:10","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25856"},"modified":"2025-05-08T17:17:10","modified_gmt":"2025-05-08T17:17:10","slug":"bitcoin-breaches-100k-as-us-uk-sign-trade-deal-and-arizona-approves-crypto-reserve-law","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25856","title":{"rendered":"Bitcoin Breaches $100K As US-UK Sign Trade Deal And Arizona Approves Crypto Reserve Law"},"content":{"rendered":"<div>\n<p>Bitcoin has made a dramatic return to six-figure territory and reclaimed its $100k milestone for the first time since January 2025. On 8 May 2025, BTC surged 4.2% from an intraday low of $95,967. As optimism returns to the crypto landscape, Bitcoin\u2019s recent push towards $100k can be credited to bullish macroeconomic signals, including a landmark US-UK trade agreement announced by US President Donald Trump. Importantly, US state Arizona approved a landmark crypto reserve law for state-managed Bitcoin fund.<\/p>\n<p>Arizona officially enacted House Bill 2749 on Thursday, 8 May 2025. While Arizona is now committed to building a Bitcoin reserve, Texas is expected to follow closely.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Man isn\u2019t winning sweet\u2014-so many nay-sayers, just days ago, whining, criticizing  like little bitches and days later,  we have one clean decision by NH, then reversal from Arizona Gov, next is Texas who hasn\u2019t done  anything Big since Big Oil and Gas!  <\/p>\n<p>Is Texas coming into the\u2026 <a href=\"https:\/\/t.co\/O4xoPwydAv\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/O4xoPwydAv<\/a><\/p>\n<p>\u2014 Gary Cardone (@GaryCardone) <a href=\"https:\/\/twitter.com\/GaryCardone\/status\/1920278591482282495?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 8, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Furthermore, despite pressure for cuts, the Federal Reserve held interest rates steady. This gave a fair boost to Bitcoin, which has been showing strength for weeks now. Although the Fed didn\u2019t cut rates, economists expect a rate drop in June 2025. Meanwhile Trump urged Jerome Powell and the FOMC to lower rates, citing cooling inflation and reduced need for high borrowing costs.<\/p>\n<p>Notably, Bitcoin first breached the $100k mark in December of last year, alongside <span style=\"font-weight: 400\">Trump\u2019s victory. BTC went all the way up to $109k before its trajectory was interrupted by factors including Trump\u2019s tariffs and the global trade war.\u00a0<\/span><\/p>\n<p>Beyond immediate events, ongoing progress in the US and global crypto regulation and the emergence of strategic Bitcoin reserve initiatives are seen as supportive of long-term growth. Is $110k next for BTC?<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\u201c$BTC will NEVER hit $100K again\u201d \u2014 some guy in 2022<br \/>Meanwhile in 2025:<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f911.png\" alt=\"\ud83e\udd11\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>When do YOU think Bitcoin breaks $100K again?<br \/>Drop your guess + reasoning<br \/>Let\u2019s see who\u2019s got the alpha<a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#BTC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Endless?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Endless<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/meme?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#meme<\/a> <a href=\"https:\/\/t.co\/7sTATFaVfK\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/7sTATFaVfK<\/a><\/p>\n<p>\u2014 Endless (@EndlessProtocol) <a href=\"https:\/\/twitter.com\/EndlessProtocol\/status\/1920411330294481103?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 8, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>However, while Bitcoin enjoys renewed dominance, the broader altcoin market has struggled to keep pace.<\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top 20 Crypto to Buy in May 2025<\/a><\/strong><\/p>\n<h2>Trump\u2019s Trade Deal With UK: Major Catalyst For Bitcoin?<\/h2>\n<p><span style=\"font-weight: 400\">On 8 May 2025, <a href=\"https:\/\/www.reuters.com\/world\/europe\/us-britain-expected-announce-tariff-deal-thursday-2025-05-08\/\" target=\"_blank\" rel=\"nofollow\">a Reuters report<\/a> confirmed the US-UK trade deal, where Trump and the British Prime Minister Keir Starmer announced a \u201cbreakthrough deal\u201d on trade.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Cutting down the infamous Trump\u2019s tariffs, the trade deal includes a 10% tariff on goods imported from the UK while Britain agreed to lower its tariffs to 1.8% from 5.1% and provide greater access to US goods.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-236152\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-08-180031.png\" alt=\"\" width=\"550\" height=\"713\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-08-180031.png 584w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-08-180031-231x300.png 231w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-08-180031-39x50.png 39w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-08-180031-154x200.png 154w\" sizes=\"(max-width: 550px) 100vw, 550px\"><\/p>\n<div class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-2\"><span style=\"font-weight: 400\">\u201cIt opens up a tremendous market for us,\u201d Trump said. Meanwhile, commenting on the trade deal Starmer said, \u201cThis is a really fantastic, historic day.\u201d<\/span><\/div>\n<div data-testid=\"paragraph-2\"><\/div>\n<div class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-2\"><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><\/strong><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">Next 1000x Crypto \u2013 12 Coins That Could 1000x in 2025<\/span><\/a><\/div>\n<div data-testid=\"paragraph-2\">\n<p><span style=\"font-weight: 400\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<p><span style=\"font-weight: 400\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         With the $100,000 psychological barrier breached, traders are now eyeing $105,000 as the next key resistance level.\u00a0<\/li>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Should the US-UK trade deal progress smoothly, bulls argue that the path to $120,000 could open rapidly.<\/li>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-breaches-100k-as-us-uk-sign-bilateral-trade-deal-and-arizona-approves-crypto-reserve-law\/\">Bitcoin Breaches $100K As US-UK Sign Trade Deal And Arizona Approves Crypto Reserve Law<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin has made a dramatic return to six-figure territory and reclaimed its $100k milestone for the first time since January 2025. On 8 May 2025, BTC surged 4.2% from an intraday low of $95,967. As optimism returns to the crypto landscape, Bitcoin\u2019s recent push towards $100k can be credited to bullish macroeconomic signals, including a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25856","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25856"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25856\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}