Bitcoin Rebounds Above $109,000 as EU Tariffs Deadline Extended

Bitcoin prices surged 1.4% in the last day, reaching $109,637 on May 26, according to early Asian trading hours. This rise aligns with easing trade tensions between the U.S. and European Union, boosting market confidence. Following a volatile week marked by a brief peak of $111,814 before falling back around $107,500, Bitcoin is still up 15% in the last 30 days. Derivatives markets also saw increased activity, with open interest and trading volume both rising significantly.