The BTC price is again eyeing a breakout to new all-time highs (ATHs). This time, a potential agreement between the US and China in the ongoing trade war talks looks likely to be the catalyst. The flagship crypto blasted past $104,000 following Donald Trump’s statement on the “good meeting” between the two largest economies.
Donald Trump Says The US And China Had A Good Meeting
In a Truth Social post, Trump stated that they had a very good meeting with China on May 10 in Switzerland. He further remarked that they discussed many things and agreed on several things. He added that both sides negotiated a total reset in a “friendly, but constructive manner.”
The president also mentioned that he wants to see China open up to American business for the good of both China and the US. Donald Trump again affirmed that they have made great progress.
His statement comes just as CoinGape reported that the first round of the US China trade talks concluded without an official announcement of an agreement. As a result, both sides plan to continue trade talks on May 11, with US Treasury Secretary Scott Bessent and US Trade Rep Jamieson Greer leading discussions for the Americans.
It is worth mentioning that the Bitcoin price surged past the $104,000 resistance following Trump’s statement. The president’s statement undoubtedly provides optimism that the US and China could soon reach an agreement, which would be bullish for BTC and other crypto assets.
Market expert and president of the ETF Store, Nate Geraci, also commented on the BTC price action following Donald Trump’s statement. He noted that Bitcoin is pushing to the $105,000 price level and could soon make a run at its all-time high.
In line with this, he stated that the flagship crypto’s performance is undoubtedly on the radar of institutional investors and allocators. The expert added that he is highly interested in watching the Spot Bitcoin ETF flows over the next several weeks, which could be significant.
BTC Price Could Soon Hit New ATH
Crypto analyst Titan of Crypto has suggested that the BTC price could soon hit a new ATH amid Donald Trump’s statement. In an X post, he stated that a Bitcoin bullish crossover is happening. The analyst added that the MACD is flipping bullish on the weekly chart.
Titan of Crypto also revealed that BTC’s momentum is shifting, which could be the start of a bigger move. His accompanying chart showed that the Bitcoin price could rally to as high as $135,000 on this move.
A CoinGape market analyst also indicated that a BTC rally to $120,000 may be imminent. Based on the analysis, a breakout above $105,000 could ignite a rally toward the $112,000–$120,000 range.
Bitcoin price edges towards $97,000 as institutional demand builds, led by Metaplanet’s expansion into the U.S. Bitcoin finance ecosystem.
Bitcoin (BTC): Strategic Expansion Drives Long-Term Price Outlook
Bitcoin (BTC) price hit a 70-day peak of $97,822 on Friday, with Coingecko data shows showing 3.0% gains over the week and 15.4% in the last 14 days.Among the week’s major bullish catalyst, Japanese firm Metaplanet’s announces the decision to enter the U.S. market, to double-down on the strategic BTC acquisition plan.
Bitcoin price action
On Thursday, the Tokyo-listed Bitcoin investor announced it will establish a wholly owned U.S. subsidiary, Metaplanet Treasury, based in Miami, Florida.
Operations are expected to begin in May 2025 with an initial $10 million investment focused on increasing BTC exposure and optimizing capital allocation across jurisdictions.
Market Impact: Metaplanet’s U.S. Play May Anchor Bitcoin’s Global Liquidity Base
Despite a limited short-term price reaction, Metaplanet’s U.S. expansion may significantly influence Bitcoin’s market structure in the months ahead. BTC has risen 64.7% year-on-year, with public companies and sovereign entities increasingly adding Bitcoin to their balance sheets.
More so, Bitcoin’s growing dominance versus altcoins reflects increasing capital preference for BTC scarcity mechanism and security preferences, at corporate investors react to macroeconomic uncertainty.
Now, with direct access to U.S. banking infrastructure, OTC trading desks, and Bitcoin custodians, Metaplanet’s Miami office will allow more agile execution, dollar-cost averaging, and integration with American financial standards.
Miami’s mayor and state-level regulators have long promoted pro-Bitcoin frameworks, making it an attractive jurisdiction for strategic treasury operations.
More so, Metaplanet’ cross-border investment trend may inspire other Asian firms to follow suit.
As BTC remains anchored near $97,500, supported by strong year-to-date performance and credible corporate adoption, Metaplanet’s move hints at a coming wave of globally aligned Bitcoin treasury models — with the U.S. at the core.
Bitcoin price forecast today leans decisively bullish after clearing critical resistance levels, but the widely discussed $250,000 target remains a tall order in the near term.
For now, price action suggests a more achievable upside path toward $110,000, which has emerged as a realistic technical target given current momentum.
Trading around $96,970, BTC has decisively broken above all key moving averages — the 50-day (red), 100-day (green), and 200-day (blue) in a move supported by rising volume and strong daily candle closes.
Bitcoin price forecast today
The 200-day SMA near $90,200 and the 100-day SMA at $90,005 now form a solid support base after being convincingly reclaimed in April.
Notably, BTC price has nows remained above the 100-day SMA for six consecutive sessions, reinforcing the bullish conviction.
While a retracement remains possible, particularly toward the $92,000–$90,000 zone, the momentum will likely remain bullish unless BTC closes below the 200-day average. A clean break past $98,000 could accelerate the move toward $110,000.
Solana price has recently made efforts to recover the losses it experienced earlier this month. However, these attempts have been stalled by crucial holders choosing to sell, putting significant pressure on the price.
Despite this, new investors remain bullish, hoping for further upside in the near term.
Solana Holders Are Selling
Last week, Solana’s long-term holders (LTHs) shifted from selling to accumulation, offering hope for a price recovery. Unfortunately, this shift was short-lived, as the HODLer net position change has since dropped back below the zero line.
This indicates that LTHs are back to selling, which could exert downward pressure on the price.
Given that LTHs control a large portion of the market’s supply, their selling activity significantly influences Solana’s price action.
This selling trend could lead to further declines, especially if the momentum continues in the coming days.
Solana HODLer Net Position Change. Source: Glassnode
On a more positive note, Solana is experiencing a sharp uptick in new addresses, signaling growing interest in the altcoin. This trend highlights that, despite volatility, new investors are optimistic about Solana’s potential.
The increase in new addresses suggests that Solana is gaining traction, particularly among those looking to capitalize on potential price gains.
The influx of new investors indicates that there is still substantial confidence in Solana’s future. This optimism could play a critical role in helping the cryptocurrency weather its recent volatility.
At the time of writing, Solana is trading at $146, reflecting a 5.6% increase over the last 24 hours. The altcoin is currently facing resistance at $150, a crucial barrier for the price to surpass.
However, unless stronger bullish signals emerge, Solana may struggle to break through $150 before Q3 begins.
The altcoin could hover around the $144 mark or even dip to $136. This could result in a consolidation period as investors await clearer cues from the broader market.
On the other hand, if the broader market turns bullish, Solana’s price could surpass the $150 resistance level.
A break above this price, followed by flipping $152 into support, would invalidate the bearish outlook and signal a strong upward move for the altcoin.
Dogecoin Reserve Live:- In an exciting announcement for the 3.83 million Dogecoin community or ‘Shibes’, House of Dogs has announced the creation of the Official Dogecoin Reserve to drive Dogecoin as a mainstream global payment solution.
House the Doge (HoD), the new entity announced by Timothy Stebbing in Feb 22 X post, was formed after he turned down several big names and corporations for Dogecoin adoption partnerships by not finding them “genuine enough”. He had already hinted the HoD will be aggregating mined Dogecoin to create a large Dogecoin Reserve & Treasury for streamlining its global adoption.
Following this announcement, Doge price has experienced a notable surge of upto 10%, with prices reaching approximately $0.19 as of writing.
Notably, the announcement comes at a time when the global crypto payments solutions have been gaining traction with many other entities making efforts recently. However, such real-world payment solutions have been more focused on Bitcoin, stablecoins such as USDT, USDC, in comparison to the utility of Dogecoin or other altcoins in such Payments.
Why is the Official Dogecoin Reserve Created
Aimed at improving the transaction lag times that have historically restricted the widespread adoption of digital currencies as real-world payment solutions, the reserve aims to build the Doge-powered global payments ecosystem.
It aims to benefit merchants by facilitating fast and efficient transactions using Dogecoin which currently processes at the rate of 60sec/transaction.
As of March 25, 2025, Dogecoin (DOGE) holds the 8th position in global cryptocurrency market capitalization rankings with its current market cap standing at approx. $27.15 billion USD.
Timothy Stebbing, Director of Dogecoin Foundation, right after the Doge Reserve news, expressed his enthusiasm by suggesting that use of Dogecoin for mobile or government Payments, at POS Terminals or for Online Shopping would be really “too cool”.
Notably, the Dogecoin Reserve is creating a proof of concept with the initial purchase of 10 million Dogecoin at current Market price. As Tim suggested, since the inception of House of Dog, it has been raising millions of dollars via the largest Dogecoin mining operation assemble in North America with a goal of 10,000 ASICs by the end of the year.
To guide the accelerating adoption of its payment system, it will also introduce cashback offers for both users and merchants and is aiming at significant partnerships in near future.
Important FAQs Related to Dogecoin Transactions
1. How much time Dogecoin Transactions Take in comparison to BTC?
Notably, under typical conditions, a Dogecoin transaction can be confirmed within about 60 seconds, offering a significant speed advantage over Bitcoin’s average confirmation time of around 10 minutes.
2. How much a Dogecoin Transaction Costs?
It offers substantially lower transaction costs – currently standing at 0.341 DOGE ($0.063) – compared to legacy payment modalities and interchange.
3. Dogecoin or Bitcoin Transaction: Which is Better?
The HoD while making Dogecoin Reserve announcement emphasized its inflationary model which ensures ongoing liquidity – with the addition of 5.2 billion new coins every year as compared to Bitcoin’s fixed cap. While this ensures liquidity, it also raises concerns about long-term value retention, as an unlimited supply can lead to inflation and reduce purchasing power.
Could DOGE Be the Next Global Currency?
Dogecoin Reserve doesn’t come as the first such instance. House of Doge, the five-year corporate partner of Dogecoin Foundation has been making efforts towards making Dogecoin, the Global currency. Last month it partnered with IndyCar Driver with Devlin DeFrancesco and Rahal Letterman Lanigan Racing to bring Dogecoin to the Indianapolis 500. This initiative included launching the Dogecoin Indy 500 Voting and Donation Platform, allowing fans to participate and support charitable causes.
Further, one of the most prominent adopter of Dogecoin has been Elon Musk who has allowed customers to buy Tesla’s innovative products using Dogecoin. Additionally, Musk has also hinted at expanding Dogecoin’s use within his other ventures, such as X (formerly Twitter), where he has suggested integrating crypto payments, including DOGE.
His space exploration company, SpaceX, has also accepted Dogecoin for certain merchandise purchases and even announced plans for the DOGE-1 lunar mission, a satellite project funded entirely in Dogecoin.
Another such Instances include:
Newegg, the electronics retailer also offers tech enthusiasts the option to purchase gadgets using Dogecoin, showcasing the integration of digital currencies in e-commerce.
Sheetz, a convenience store chain allows customers to pay for fuel and food items in DOGE.
Adidas, the global sportswear brand accepts Dogecoin for gift card purchases.
Path is Not Easy for DOGE!
However, there are certain challenges before it can achieve the global label. Confirmation times may extend for Dogecoin transaction for up to 30 minutes or more during periods of high network congestion. It also needs to compete with the already growing adoption of Stablecoins for transactions as their processing can be completed in a matter of seconds.
Although companies like Tesla and some retailers accept DOGE, mainstream adoption is still limited. Most global businesses and financial institutions prefer Bitcoin, Ethereum, or stablecoins for crypto payments due to their perceived stability and institutional backing.
Dogecoin’s price fluctuates significantly, driven by market speculation, social media trends, and influencer endorsements (notably Elon Musk). This can make it difficult for businesses and consumers to rely on DOGE for everyday transactions.
DOGE Price in the last Year
Further, Dogecoin’s proof-of-work (PoW) mechanism is similar to Bitcoin’s but has a much smaller mining network, making it more vulnerable to 51% attacks, thus, raising significant security concerns.
Thus, while initiatives like the Official Dogecoin Reserve and strategic partnerships enhance Dogecoin’s potential as a global currency, its future prominence will depend on broader market dynamics, regulatory developments, and sustained community support.
