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Bitcoin Approaches $100,000: What Traders in South Africa Should Know

Bitcoin is making headlines again, climbing close to the $100,000 (R1,827,229.93) mark as global market sentiment improves.

If you’re trading with Trade245 — or just getting started — here’s what this rally means, and what to keep an eye on next.

Global Sentiment Is Boosting Crypto

Bitcoin recently jumped by 2.6%, touching over $99,000 after news broke that the U.S. and China were resuming trade discussions.

This followed comments from former U.S. President Donald Trump about announcing a “major” trade deal, possibly with the UK.

Even though crypto isn’t directly affected by trade tariffs, market sentiment plays a huge role in price movements — and right now, the mood is more optimistic.

Why $100,000 Matters for Bitcoin Traders

The $100k mark is a psychological level for the crypto market.

Bitcoin last reached this number around three months ago, and traders are watching closely to see if it can break through again.

At Trade245, this kind of momentum often leads to increased interest in our crypto CFD products — especially when traders want to react quickly to market moves without owning the underlying asset.

Altcoins Are Also Rising

It’s not just Bitcoin in the green. Ethereum (ETH), XRP, Solana, and Polygon all gained between 2%–5% on the same wave of optimism.

If you’re using a Trade245 account, you’ll be able to access various crypto pairs to take advantage of these shifts — whether you’re trading major coins or looking into rising altcoins.

Why Trade Crypto With Trade245?

  • No need to own crypto: Trade on price movements using CFDs

  • Flexible deposits: Use methods like Ozow, Capitec Pay, Skrill, and crypto

  • Android and iOS apps available: Manage trades anywhere, anytime

  • Zero minimum deposit on bonus accounts: Start small and build from there

💡 If you’re new to crypto or not ready to risk real funds, try our Demo Account to practice in a safe environment.

What Traders in South Africa Should Know

Bitcoin’s rally near $100,000 is exciting — but markets can turn quickly.

As a trader, staying updated and choosing the right platform matters.

With Trade245, you have the tools and support to take advantage of price movements — whether you’re watching Bitcoin hit new highs or exploring altcoin opportunities.

Download the Trade245 app today on Android or iOS and get closer to the action.

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www.trade245.com is a website maintained and operated by Trade245 (Pty) Ltd with registration number 2020/539/887. Registered and physical address: Wetton Works, 14 Mercury Crescent, Wetton, Cape Town, 7780; South Africa

Trade245 (Pty) Ltd does not provide services for the residents of certain countries, such as the United States of America, Canada, Israel and the Islamic Republic of Iran.

Risk Warning: Trading on margin involves a high level of risk, including full loss of your trading funds. Before proceeding to trade, you must understand all risks involved and acknowledge your trading limits, bearing in mind the level of awareness in the financial markets, trading experience, economic capabilities and other aspects.

Red Pine Capital (PTY) LTD, Johannesburg, South Africa, with company number 2014/220311/07 an authorized financial services provider, licensed and regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, with FSP No. 46044.

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