Bitcoin Holds Above $100K Despite Monday Pullback

From Financial Modeling Prep: 2025-05-13 03:11:00

Bitcoin slipped to $102,552.70 after a 1.7% drop, still above $100,000 following a 90-day U.S.-China tariff truce. Trade talks over the weekend resulted in a pause on mutual tariffs, with U.S. levies on China reduced to 30% and China’s duties on U.S. imports at 10%.

Last week, Bitcoin surged 9% to its highest close since January 2025, crossing the $100K milestone on news of the tariff truce. Monday saw a slight pullback, with healthy profit-taking at $102,552.70 against ongoing trade optimism.

SEC Chair Paul Atkins plans to propose new crypto-token regulations, aiming for a rational framework to curb bad actors and provide clear market rules. Investors should watch for sustained $100K support, trade talk developments, and regulatory proposals for market impact.

For real-time Bitcoin data and ETF flow metrics, the Daily Crypto API offers updated valuations and institutional activity tracking. Stay informed on price movements and regulatory changes to navigate the post-truce market landscape effectively.



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