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- 🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
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Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
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Bitcoin Weekly Forecast: BTC bulls aim for $105,000 after nearly 10% weekly gains :
Bitcoin price stabilizes around $103,000 on Friday after rallying nearly 10% this week.
Risk-on sentiment prevails as Trump announced a trade deal with the UK and ahead of the meeting with China this weekend.
Institutional demand logs in a fourth week of gains, with US spot ETFs recording nearly $600 million in inflows until Thursday.
Bitcoin (BTC) price is stabilizing around $103,000 at the time of writing on Friday after rallying nearly 10% this week. The sharp price increase was supported by improved market sentiment as US President Donald Trump announced a trade deal with the United Kingdom (UK), partly easing the tariff-related uncertainty that has weighed on crypto since Trump's inauguration.
Trade uncertainty cools off, boosting risk-on sentiment
Risky assets were the winners this week, with Bitcoin soaring nearly 10%, fueled by the news on Thursday of a trade deal between the US and the UK that was announced by US President Donald Trump and British Prime Minister Keir Starmer.
This trade leaves in place a 10% tariff on goods imported from the UK to the US, while Britain agreed to lower its tariffs to 1.8% from 5.1% and provide greater access to US goods.
“Trump's administration has been under pressure from investors to strike deals and de-escalate its tariff war after the US president's often chaotic policymaking upended global trade with friends and foe alike, threatening to stoke inflation and tip the global and US economies into recession,” reports Reuters.
Moreover, US Commerce Secretary Howard Lutnick said that, after the US trade deal with the UK, he expects more deals with big economies soon.
“Over the next month or so, we’re going to roll out dozens of deals,” Lutnick said on CNBC on Thursday.
The world’s two biggest economies, the US and China, are set to start talks on Saturday and Sunday to try to de-escalate the trade war. High-level trade talks between the two countries will begin in Switzerland on Saturday, with Chinese Vice Premier He Lifeng and US officials Scott Bessent and Jamieson Greer leading the discussions.
Easing tariff uncertainty has boosted risk-on sentiment in the market, propelling Bitcoin to levels last seen in early February—now just 5% shy of its all-time high of $109,588.
#Will BTC Hit a New High?#