Bitcoin Surges Amidst Trade Agreement; Coinbase Joins S&P 500
- Bitcoin’s price surpassed $105,000 on May 12, 2025, following a trade agreement between China and the USA.
- Experts predict Bitcoin could outpace gold in growth by late 2025.
- Ethereum’s price increase was driven by demand for stablecoins and tokenized real-world assets.
- Coinbase became the first crypto company to join the S&P 500, replacing Discover Financial Services.
- The regulatory landscape is changing with new developments in Poland and Ukraine.
On May 12, 2025, Bitcoin’s value surged beyond $105,000 due to a significant trade agreement between China and the USA. Additionally, Coinbase marked a milestone by joining the S&P 500 index.
Source (2.6)https://hodl.press/weekly-crypto-market-surge-coinbase-ukraine-bill-etoro-ipo/?rand=24434
