Bitcoin Surges Past $105,000 Amid Global Diplomatic Shifts

Bitcoin’s price has experienced a significant surge, surpassing the $105,000 mark and reaching a near-record high on May 11, 2025. This upward momentum comes amid global diplomatic breakthroughs, including progress in trade negotiations between the U.S. and China. President Trump played a pivotal role by announcing significant economic consensus during his visit to Switzerland. Additionally, the announcement of a ceasefire between India and Pakistan, coupled with Russia’s pledge to engage in talks with Ukraine, has contributed to a sense of global peace and stability.