Top New bitcoin news as of now

Key Points

  • Research suggests Bitcoin is currently trading at around $104,159 USD, based on the latest data from May 13, 2025.
  • It seems likely that Bitcoin surpassed $100,000 on May 8, 2025, driven by a US-UK trade deal, boosting market optimism.
  • The evidence leans toward Bitcoin having a bullish outlook, with predictions of reaching new highs in 2025.
  • It appears miners are enjoying significant profits, with the current price granting about 182% profit based on mining costs.
  • Bitcoin is increasingly seen as a hedge against policy uncertainties, according to financial reports.

Current Price

As of the latest available data, Bitcoin is trading at approximately $104,159 USD. This price reflects updates from May 13, 2025, and indicates stability in the market, though exact figures for May 14, 2025, are not yet confirmed.

Recent Developments

On May 8, 2025, Bitcoin surpassed the $100,000 mark for the first time since early February, likely driven by a trade deal between the US and UK. This deal involved a 10% tariff on UK goods imported into the US, with Britain lowering its tariffs, signaling potential easing of global trade tensions, which seems to have boosted investor confidence in Bitcoin.

Market Sentiment and Predictions

Research suggests a bullish trend for Bitcoin, with technical indicators like the 50-day and 200-day moving averages sloping upward. Analysts predict Bitcoin could reach new all-time highs, with some forecasts suggesting a value increase to around $114,187 by May 14, 2025, though these are predictions and not confirmed.

Mining and Hedge Appeal

It appears Bitcoin miners are experiencing significant profitability, with reports indicating the current market price grants about 182% profit based on mining costs of around $36,800 per BTC. Additionally, Bitcoin is increasingly viewed as a hedge against policy uncertainties, with its April 2025 performance reflecting this growing appeal, as noted by Galaxy Digital.

Comprehensive Analysis of Bitcoin News as of May 14, 2025

This report provides a detailed examination of the latest Bitcoin news and market developments as of May 14, 2025, at 06:06 AM +07. Given the early hour and the lack of specific news for May 14, 2025, the analysis relies on the most recent data available, primarily from May 13, 2025, and trends observed in the preceding days. The information is sourced from reputable financial and cryptocurrency platforms, ensuring a comprehensive overview for stakeholders and observers.

Current Market Price and Metrics

The most reliable data indicates that Bitcoin is currently trading at $104,159.00 USD, based on the latest update from May 13, 2025, at 23:07. This price reflects a market cap of approximately $2.07 trillion, with an all-time high of $108,786.00 and an all-time low of $67.81. The fully diluted valuation is around $2.07 trillion, with a circulating supply of 19,864,300 BTC and a maximum supply of 21,000,000 BTC. These metrics suggest a stable yet dynamic market, with Bitcoin maintaining its position as a leading cryptocurrency.

Recent Market Surge and Trade Deal Impact

A significant development occurred on May 8, 2025, when Bitcoin surpassed $100,000 for the first time since early February. This surge was likely driven by a trade deal between the United States and the United Kingdom, announced on the same day. The deal involved the US maintaining a 10% tariff on UK goods imported into the country, while Britain agreed to lower its tariffs from 5.1% to 1.8% and provide greater access to US goods. This agreement, reported by Reuters, was seen as a sign that President Donald Trump’s trade war with the rest of the world might be easing, boosting investor confidence in risk assets like Bitcoin. By midday on May 8, Bitcoin was trading at $101,329.97, a 4.7% gain on the day, and it has since stabilized around the $104,000 level.

Bullish Market Sentiment and Technical Analysis

Research suggests a bullish outlook for Bitcoin, supported by technical indicators and market sentiment. Reports from platforms like Changelly and CoinCodex indicate that Bitcoin is showing strong trends on both short-term and longer-term charts. For instance, the 50-day moving average is rising, suggesting a strong short-term trend, while the 200-day moving average has been upward since May 9, 2025, indicating a robust longer-term trend. The Fear & Greed Index is displaying a score of 70 (Greed), with 19 out of the last 30 days being green days and a price volatility of 6.63%. Analysts from Fundstrat and Ark suggest Bitcoin may breakout to new all-time highs, with some predictions forecasting a value of $114,187.14 by May 14, 2025, though these are speculative and subject to market fluctuations.

Mining Profitability and Economic Implications

Bitcoin miners are currently enjoying significant profitability, with reports indicating that the market price grants approximately 182% profit based on mining costs. CryptoQuant analyst Axel Adler Jr calculated the mining cost at $36,800 per BTC, and with the current price around $104,000, miners are seeing substantial returns. This profitability is a key driver for continued mining activity, which supports the network’s security and decentralization. The high profitability also reflects the market’s bullish sentiment, as increased mining activity can lead to greater supply, potentially influencing price dynamics.

Bitcoin as a Hedge Against Policy Uncertainty

Bitcoin’s performance in April 2025 has highlighted its growing role as a hedge against policy uncertainties. Galaxy Digital, a prominent financial institution, noted that Bitcoin’s solid gains during that period indicate investors are rethinking its portfolio role as a safe-haven asset during times of economic and policy stress. This trend is particularly relevant given the ongoing global trade tensions, including the recent US-China tariff deal on May 12, 2025, which temporarily reduced tariffs for 90 days. The deal, cutting US tariffs on Chinese goods from 145% to 30% and Chinese tariffs on US goods from 125% to 10%, has further reinforced Bitcoin’s appeal as a hedge, as reported by Crypto.news.

Broader Market Context and Interconnectedness

The cryptocurrency market remains closely tied to traditional finance, with Bitcoin’s price movements often influenced by global economic policies and funding rates. A recent report from the Bank for International Settlements (BIS) claimed that speculative activity is closely tied to global funding rates, highlighting crypto’s growing “interconnectedness” with traditional finance. Continued inflows into global crypto funds have brought total assets to $169 billion, just 2.5% below the historic record of $173.3 billion seen in late January 2025, as noted by Cointelegraph. This interconnectedness suggests that Bitcoin’s performance will continue to be influenced by macroeconomic factors, including inflation data and monetary policy decisions.

Detailed Market Data

To provide a structured overview, the following table summarizes key Bitcoin metrics and recent developments as of May 14, 2025:

MetricValueDateNotes
Current Price$104,159.00 USDMay 13, 2025Latest data, reflects market stability
Market Cap$2.07 trillionMay 13, 2025Indicates strong market position
All-Time High$108,786.00 USDJanuary 2025Benchmark for bullish predictions
Mining Cost$36,800 per BTCRecent estimateGrants 182% profit at current price
Trade Deal ImpactSurpassed $100,000May 8, 2025Driven by US-UK deal, boosting investor confidence
Fear & Greed Index70 (Greed)RecentIndicates bullish market sentiment

This table encapsulates the critical data points, highlighting Bitcoin’s current state and recent trends.

Conclusion and Implications

As of May 14, 2025, at 06:06 AM +07, Bitcoin’s market is characterized by stability around $104,159.00 USD, with recent surges driven by global trade deals and a bullish outlook supported by technical indicators. Miners are enjoying significant profits, and Bitcoin is increasingly seen as a hedge against policy uncertainties. Stakeholders should monitor upcoming economic data, such as the US inflation release scheduled for May 13, 2025, at 8:30 a.m. ET (though not yet available at this time), and further developments in trade negotiations, as these will likely influence market trends in the coming days.

Key Citations