Why Is Crypto Up Today? Bitcoin Breaks $97K Amid U.S. Tariff Shift

By: bitcoin ethereum news|2025/05/07 16:45:02
0
Share
copy
The crypto market is witnessing a powerful breakout as Bitcoin crosses the $97,000 mark , fueling a broad-based rally across digital assets. In the past 24 hours, the global crypto market cap surged by 1.64% to $2.98 trillion , driven primarily by bullish momentum in Bitcoin and Ethereum. Bitcoin exploded by over $3,500 within hours to hit $97,469 , triggering $55 million in short liquidations . The surge was backed by $24.27 billion in trading volume , with Bitcoin now commanding 64% of the total market dominance . Its Relative Strength Index (RSI) remains at a healthy 66, indicating strong buyer interest without entering overbought territory. Why Crypto is Surging? One major catalyst is the renewed optimism over global trade . The U.S. government announced it is restarting trade negotiations with 18 countries—excluding China . Treasury Secretary Scott Bessent confirmed the move, which markets interpreted as a step toward easing economic tensions. The update sparked a short-lived risk rally , contributing to Bitcoin’s squeeze higher. This tariff news indicates a potential shift in U.S. trade policy under Donald Trump’s influence, as he continues pushing for lower interest rates and friendlier economic terms. Government Adoption Boosts Sentiment Institutional interest hit a new high as New Hampshire became the first U.S. state to approve crypto investments for its treasury . Governor Kelly Ayotte signed a bill allowing the state to allocate funds to top-tier digital assets like Bitcoin, marking a new era of state-level crypto adoption . Adding to the bullish tone, Binance founder CZ predicted Bitcoin could hit $500K to $1M this cycle. He cited growing ETF flows, government accumulation, and sovereign adoption by countries like El Salvador and Bhutan as reasons for the upside potential. Also Read : Robert Kiyosaki Says Bitcoin Is the Better Investment Not Gold or Silver , Altcoins and Meme Coins Ride the Wave While Bitcoin leads the charge, altcoins are tagging along: Ethereum rose 1.02% to $1,824 Solana added 0.90% to $145.67 BNB gained 0.58% to reach $602.30 XRP stood out with a 1.44% daily jump and 4.46% weekly rise Smaller-cap tokens like LAYER and ALPACA saw explosive 30% gains, while meme coins such as GORK and Fartcoin posted eye-catching spikes on decentralized platforms. Market Outlook: Will the Rally Hold? Total crypto trading volume surged 27.35% to $81.48 billion , indicating renewed market participation despite macro uncertainty. All eyes are now on the upcoming Federal Reserve rate decision, with a 97% probability of no change according to the CME FedWatch Tool .While altseason remains muted—measured by an index score of just 24/100—Bitcoin’s rally toward the $100K psychological mark could be the ignition point. Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. FAQs Ethereum, Solana, BNB, and XRP gained alongside Bitcoin, while small caps like LAYER and meme coins saw double-digit spikes. With strong momentum, rising ETF flows, and bullish sentiment, Bitcoin is closing in on the key $100K psychological level. U.S. trade negotiations with 18 countries, excluding China, have boosted market sentiment, contributing to the crypto market recover. Source: https://coinpedia.org/news/why-is-crypto-up-today-bitcoin-breaks-97k-amid-u-s-tariff-shift/

You may also like

March 4th Market Key Intelligence, How Much Did You Miss?

1. On-chain Flows: $39.6M USD inflow to Hyperliquid today; $29.7M USD outflow from Base 2. Largest Price Swings: $EDGE, $POWER 3. Top News: Altman defends Pentagon deal at all-hands, calls backlash "really painful"; OpenAI also seeking NATO contracts

Taking Stock of Crypto's Washington Power Players: Who is Advocating for US Crypto Regulation?

These institutions have jointly defined the industry's underlying values, marking the U.S. crypto industry's shift to a "professionalized, ecological, and refined" era of policy gamesmanship.

DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


Uncovering YZi Labs 229 Investment: Over 18% of the portfolio is already inactive, with an average project transparency score of 78

In terms of strategic direction, YZi Labs has begun to extend into areas such as AI and stablecoins, but overall it is still in the layout and validation stage.

The business of crypto VC is becoming promising

Homogenized industries are ultimately fragile; only when different species can emerge does the market truly come alive.

China's AI Compute Power Counterstrike

The cost itself is the progress.

Popular coins

Latest Crypto News

Read more