Breaking News

12 May 2025

Bitcoin price stabilizes near 104,000 dollars

Bitcoin traded steadily near its three-month high on Monday, supported by easing trade tensions following the United States’ announcement of a deal with China, while investors awaited more details about the expected agreement later in the day.

The world’s largest cryptocurrency remained nearly unchanged at $103,863.5 as of 9:19 AM Saudi time.

The digital token rose by more than 9% last week, surpassing the much-anticipated $100,000 mark on Thursday, reaching its highest level since late January 2025

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