One minute, you’re questioning every financial decision you’ve ever made. The next, Bitcoin is back on top, and suddenly your crypto wallet feels like it’s wearing couture.
Marrakech – Yes, Bitcoin is back — and not just “back,” but strutting above the $100,000 mark in full confidence, like it never dropped to $74K just a few weeks ago.
On Thursday, it hit its highest level since February, clocking in at $101,679.85, according to Coin Metrics.
The comeback was so quick, it practically needed a wind machine and a runway.
So, what triggered this fabulous glow-up? It all started when former President Donald Trump, ever the showman, teased a trade announcement between the US .S. and the UK. .K.
Like any good cliffhanger, Bitcoin took the bait — and then took off.
As Trump laid out the outline of the agreement Thursday morning, the crypto world responded like it had just been handed the final rose.
“Bitcoin has not only reclaimed $100,000 for the first time in three months but it’s also reaffirmed its status as the ultimate bouncebackability asset as the prospects for US U.S. trade deals brighten,” said Antoni Trenchev, co-founder of crypto exchange Nexo.
Translation? Bitcoin is the ex that always comes back hotter — and richer.
Investors, apparently, are growing weary of relying on traditional “safe havens” like the US.S. dollar. Between geopolitical tensions and a Federal Reserve that’s in no rush to cut rates, Bitcoin suddenly feels like the friend who always keeps their cool in a crisis — and has the receipts to prove it.
“Bitcoin remains buttressed by a pro-crypto Trump administration along with hungry buying from spot-ETF investors … while its outperformance versus US equity benchmarks in 2025 highlights its resilience and safe haven status,” Trenchev added.
And resilience really is the key word here. Because while Wall Street’s been dealing with mixed signals and emotional whiplash, Bitcoin has just been doing what it does best — bouncing back.
“Expect bitcoin’s resilience to be tested further in an uncertain and volatile global macro and geopolitical environment,” Trenchev said.
“Look no further than rising tensions between India and Pakistan, which risk escalating into a full blown conflict. Meanwhile we have a Federal Reserve in no rush to cut rates and equally concerned about unemployment and inflation.”
Of course, Bitcoin isn’t dancing in the moonlight just yet. It’s still shy of its January high of around $109,350, and according to Trenchev, it could linger in its post-election trading range of $70K to $109K for a while longer.
Think of it as a highly promising situationship — full of sparks, but still figuring things out.
Still, as Trenchev puts it, “the retaking of $100,000 must go down as one of bitcoin’s more formidable feats and is a reminder that buying peak fear — just last month bitcoin was languishing around $74,000 — can be exceptionally lucrative.”
So, if Bitcoin were a person, right now it would be sipping champagne, wearing vintage Prada, and winking at everyone who doubted it.
And we? We’re just along for the ride — hopefully with a little crypto in our bags and a whole lot of curiosity about what’s next.
