Bitcoin Nears $100,000: Market Surges While US Plots Bold Crypto Strategy

Bitcoin is once again dominating headlines as it surges toward the $100,000 milestone, reigniting investor enthusiasm and drawing attention from both Wall Street and Washington. With the cryptocurrency rebounding from recent volatility, its growing influence is now shaping global finance, geopolitics, and even the agendas of high-profile conferences. This press review explores Bitcoin’s latest price action, its strategic role in U.S.-China competition, and the increasing involvement of political heavyweights in the crypto space.

Bitcoin Approaches $100,000 After Breaking Through 10-Week High

According to Bloomberg.com, Bitcoin is rapidly nearing the $100,000 mark after reaching its highest level since late February. The report highlights that investors’ appetite for risk has been rekindled across financial markets, contributing to Bitcoin’s recent surge.

The original cryptocurrency had faced significant downward pressure in recent weeks, particularly as Donald Trump’s tariff policy led to a steep rout in both the stock and digital-asset markets. Notably, Bitcoin had dropped as much as 30% after reaching a record high of about $109,000 on January 20, the day Trump was inaugurated for a second time as US president.

Date	Bitcoin Price	Event
Jan 20, 2025	~$109,000	Trump's second inauguration
May 2025	Approaching $100,000	10-week high

Summary: Bitcoin is rebounding strongly, approaching $100,000 after a 30% drop from its all-time high of about $109,000 in January, as reported by Bloomberg.com.

Bitcoin Price Hits Highest Level Since Late February

CNBC reports that Bitcoin has climbed to its highest level since late February. The coverage notes that this price movement is part of a broader trend in the cryptocurrency market, with increased activity and renewed investor interest.

The report situates Bitcoin’s performance within the context of global financial markets, highlighting the interconnectedness of cryptocurrency with other asset classes and the influence of macroeconomic factors.

Summary: Bitcoin’s price has reached its highest point since late February, reflecting renewed momentum in the crypto market, according to CNBC.

CIA Deputy Director: Bitcoin Is ‘Another Tool’ in Fight Against China

Decrypt details an interview with Michael Ellis, Deputy Director of the CIA, who described Bitcoin and other cryptocurrencies as “another tool in the toolbox” for the United States in its competition with China and other adversaries. Ellis emphasized the importance of the U.S. positioning itself ahead in the crypto space, stating, “It’s another area of technological competition where we need to make sure the United States is very well positioned against China and other adversaries.”

Ellis also acknowledged the dual nature of cryptocurrencies, noting that while they are used by bad actors such as North Korean hackers, they are also increasingly adopted by institutions. He stated, “Bitcoin is here to stay; cryptocurrency is here to stay, as you know more and more institutions are adopting it and I think that’s a great trend.” The U.S. government currently holds over 198,000 BTC—valued at $19.2 billion at current prices—most of which has been seized from criminals, according to Arkham Intelligence.

"Bitcoin and other cryptocurrencies are another tool in the toolbox but also a target. We can disrupt our adversaries' use of it and we can use these technologies to collect more intelligence, gather more information about them." – Michael Ellis, CIA Deputy Director

U.S. government holds over 198,000 BTC ($19.2 billion)
Most of the crypto was seized from criminals
Crypto is used by both institutions and bad actors

Summary: The CIA sees Bitcoin as a strategic asset in technological competition, especially against China, and the U.S. government is the largest holder of Bitcoin among authorities, with over 198,000 BTC, as reported by Decrypt.

Eric Trump and Donald Trump Jr. to Speak at Bitcoin Conference 2025

Bitcoin Magazine announces that Eric Trump, Executive Vice President of the Trump Organization, and Donald Trump Jr., entrepreneur and political commentator, will both speak at the Bitcoin Conference 2025 in Las Vegas. The event is scheduled for May 27–29 at The Venetian, and is expected to attract Bitcoin enthusiasts, industry leaders, and innovators from around the world.

Eric Trump has become increasingly vocal in support of Bitcoin, describing it as a superior hedge for real estate investors and recently joining the Board of Advisors for Metaplanet, Japan’s largest corporate holder of bitcoin. Donald Trump Jr. has also emerged as a prominent voice in the national discussion around Bitcoin’s role in defending civil liberties and economic freedom. The conference will feature keynote speakers, workshops, panels, and an exhibition hall, with past events drawing up to 27,000 attendees.

Event: Bitcoin Conference 2025
Date: May 27–29, 2025
Venue: The Venetian, Las Vegas, NV, USA
Key speakers: Eric Trump, Donald Trump Jr., Ross Ulbricht, Cameron & Tyler Winklevoss, David Sacks, Jack Mallers, Paolo Ardoino, Saifedean Ammous
Past attendance: Up to 27,000 (2024 Nashville)

Summary: Eric Trump and Donald Trump Jr. will headline the Bitcoin Conference 2025 in Las Vegas, joining a roster of influential speakers and marking a significant moment for the event, as reported by Bitcoin Magazine.

Einschätzung der Redaktion

The rapid resurgence of Bitcoin toward the $100,000 mark underscores its resilience and the persistent appetite for risk among global investors. This momentum, following a significant correction earlier in the year, highlights Bitcoin’s unique position as both a speculative asset and a barometer for broader market sentiment. The increasing institutional adoption and the U.S. government’s substantial Bitcoin holdings further legitimize its role in the financial system and geopolitical strategy. High-profile political engagement, such as the participation of Eric Trump and Donald Trump Jr. at major industry events, signals a deepening intersection between cryptocurrency and mainstream political discourse. These developments collectively reinforce Bitcoin’s status as a pivotal asset class with growing influence on economic, technological, and policy fronts.

Bitcoin’s recovery demonstrates strong investor confidence and market relevance.
Institutional and governmental involvement is accelerating mainstream acceptance.
Political engagement is likely to shape future regulatory and adoption trends.

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