In early May 2025, the global financial market was tumultuous, and Bitcoin (Bitcoin, BTC) once again became the focus of everyone's attention. Stimulated by multiple favourable information, the price of Bitcoin surged, not only breaking through the 100,000 USD mark again after three months, but its total market capitalization also successfully returned above 2 trillion USD, surpassing global e-commerce giant Amazon (Amazon) to become the fifth largest asset in the world.
Market analysis indicates that the historic trade agreement between the US and the UK, along with positive signals released by US President Trump regarding US-China trade negotiations, are short-term macro catalysts driving this round of increase. Meanwhile, the UK government's stance to seek stronger cooperation with the US on cryptocurrency regulation has also injected more confidence into the market. However, amidst the prevailing optimism, the market is speculating whether a positive turnaround in the unresolved US-China tariff issues could completely ignite the next wave of the cryptocurrency market.