Bitcoin breaks 100,000, Ether soars, this bull run is different!

Source: Digital Currency Traders

Compiled: Vernacular Blockchain

Bitcoin has once again surpassed $105,000.

Ethereum has once again reached $2,500.

We've seen these prices before—but this time it feels completely different.

Headline news is dominated by two major events: the historic trade agreement between the United States and the United Kingdom, and the resurgence of the cryptocurrency market. But if you've been in the crypto circle long enough, you know that the price itself is far from telling the whole story.

Let's talk about what really happened—and why this feels like the beginning of a whole new chapter.

History repeats itself... but with a slight difference

Bitcoin is expected to first reach $100,000 by the end of 2024, driven by ETF approvals, loose Federal Reserve policies, and institutional demand. Ethereum has also broken through $2,000 multiple times in previous bull markets—early 2021, during the DeFi revival in 2024, and during the NFT craze.

However, in every previous rally, the excitement came more from speculation. The momentum was mainly driven by hype and liquidity, rather than long-term fundamentals. Ultimately, we witnessed significant corrections that erased much of the paper wealth.

Fast forward to today - May 2025.

Bitcoin returns to $100,000, trading at $105,000. Ethereum remains solidly above $2,500. But this time is different. The fundamentals are stronger, the macro environment is more favorable, and most importantly, the technology has matured.

A far-reaching trade agreement

Earlier this week, U.S. President Donald Trump and U.K. Prime Minister Keir Starmer announced a landmark trade agreement aimed at improving market access and reducing tariffs between the U.S. and the U.K. Key points include:

Reduce the tariff on 100,000 British-made cars from 25% to 10%

Cancel aircraft parts tariffs

Cancel the 19% ethanol tax in the UK

Standardize steel and aluminum tariffs to 25%

In addition to the specific terms, this agreement sends a strong signal: global economic cooperation is back on the agenda. This alleviates market concerns about the rise of protectionism and restores the certainty that has been missing in global trade for years. Investors reacted quickly—not only in the stock and commodity markets but also in the crypto market. The $5 billion in new export opportunities and $6 billion in U.S. tariff revenue are just additional benefits. The real value lies in confidence.

And confidence is the key to the thriving development of the cryptocurrency market.

Why is this $100,000 Bitcoin more "real" this time?

The price of Bitcoin is no longer merely a reflection of supply and demand—it embodies its increasingly important role in the global financial system.

When Bitcoin first breaks $100,000 in 2024, people still have questions:

Will ETFs continue?

Will institutions continue to stay in the market?

Will the national adoption continue?

The answer a year from now is definitely yes.

ETFs are thriving. Institutions are no longer "exploring cryptocurrency" - they are deeply involved. Countries are integrating Bitcoin into their treasury and settlement systems. Even traditional banks are beginning to offer custody and staking services.

Bitcoin is no longer a speculative asset—it has become a fundamental asset.

The recent $100,000 threshold is supported by long-term holders, sovereign funds, and infrastructure that didn't exist a few years ago. Glassnode data shows that over 70% of Bitcoin has not moved in the past six months. This is belief, not FOMO( fear of missing out).

Ethereum Breaks $2,500 - DeFi Makes a Strong Comeback

The price of Ethereum breaking $2,000 is not new - but the story behind it is different.

In early 2021, Ethereum reached a peak of $4,800 during the bull market. At that time, the market was dominated by NFTs, meme coins, and high Gas fees. Many projects were interesting but unsustainable.

In 2024, Ethereum breaks through $2,500 again amidst the resurgence of DeFi protocols and a staking craze. However, it still faces challenges such as network congestion, high costs, and regulatory scrutiny.

Today, in 2025, Ethereum has reached $2,500 and is thriving. Thanks to the Pectra upgrade, the Ethereum network is faster, more efficient, and has stronger scalability. Staking rewards are quite attractive. The layer two scaling solution ( Rollups ) handles most of the transactions. Real-world applications—from tokenized assets to enterprise blockchain integration—are accelerating.

The total locked value on Ethereum ( TVL ) surged by 41% in the past month, now at $61 billion. This is not hype—this is real usage. Developers are building, capital is flowing in, and the ecosystem is revitalized once again.

Macroeconomic Tailwinds Boost the Crypto Market

Another reason why this rise feels different is: macroeconomic tailwind.

The Federal Reserve recently kept interest rates at 4.25%-4.5%. Although no rate cuts were announced, Fed Chairman Jerome Powell clearly stated that they are closely monitoring the data and are open to easing later this year. This is good news for the crypto market.

Lower interest rates mean cheaper capital, reduced competition for bonds, and a greater appetite for risk assets. Coupled with geopolitical uncertainty and a decline in confidence in fiat currencies, it's no wonder that people view Bitcoin and Ethereum as alternative stores of value and financial infrastructure.

We are entering a phase where traditional markets and the crypto market are no longer decoupled—they are intertwined. When the Federal Reserve takes action, the crypto market soars.

Why this is just the beginning

Skeptics would say, "We've seen this kind of situation before."

They are not wrong - we have indeed seen Bitcoin break through $104,000 and Ethereum break through $2,500. But they overlook the context.

In 2021, we were experimenting.

In 2024, we are rebounding.

In 2025, we are building.

Institutional demand is no longer speculative — but rather a strategic layout.

The Ethereum ecosystem is no longer congested - it is thriving.

The role of Bitcoin is no longer in question - it has been accepted.

Developers no longer guess - they execute.

This is not the peak, but the launch pad.

The infrastructure is in place. The technology is ready. The world is watching. The next phase is not just about cryptocurrency prices - it is about financial sovereignty, programmable money, and the transition from centralized systems that no longer serve the majority to decentralized ones.

Summary

I have seen Bitcoin rise from $20,000 to $3,000, then soar to $69,000, and then break through $100,000 twice.

I have seen Ethereum rise from $80 to $4,800 and then fall back down. I have witnessed the ups and downs of the hype cycle.

But this time, the feeling is indeed different.

Fear has dissipated. The builders have never left. Smart money is still in the game.

Bitcoin $105,000 is no longer an unattainable goal — it is a base.

Ethereum at $2,500 is not a peak — it is a bottom.

If you are reading this article, you are still an early player. There will definitely be more fluctuations in the future. But the long-term direction is clear.

The future is decentralized. The tracks are being laid. This is just the beginning.

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