Bitcoin and Altcoins Are Rising: $100,000 is on the Doorstep for BTC! So What is the Reason for the Rise, Will It Continue? Analysts Explained!
By: bitcoin ethereum news|2025/05/08 22:00:11
0
Share
Bitcoin (BTC) started the new week at $94,000, then approached $100,000 with increasing optimism. Bitcoin’s rally first began on Wednesday on news of renewed US-China trade talks, boosting overall market sentiment. Apart from the US-China talks, US President Donald Trump said in a post he shared on Truth Social yesterday that “a significant trade agreement with a great and very respected country will be announced on May 8th.” The New York Times reported that this country would be England, citing three people familiar with the country. At this point, Bitcoin and altcoin investors are expecting a possible trade deal with the UK to be announced and BTC to exceed $100,000 and potentially break a new record following this announcement. Altcoins Are Also Rising! While altcoins accompanied the rise in Bitcoin, Ethereum (ETH) exceeded $ 1,900 after a long time. Popular altcoins such as Solana (SOL), Dogecoin (DOGE) and SUI also experienced increases of 5%-10%. According to Coinglass data, the rise left investors who were expecting a decline in the wrong place. In the last 24 hours, $296.7 million worth of leveraged transactions were liquidated. $84.2 million worth of long positions and $212.7 million worth of short positions were liquidated. While $113 million was liquidated in Bitcoin and $65 million in Ethereum, 108,327 investors liquidated in the last 24 hours. The largest liquidation occurred in the BTC/USD trading pair on Binance. $100,000 Expected! Many Bitcoin investors and analysts expect a rally above $100,000, saying that this rise is due to speculation around the trade deal that Trump will announce today. At this point, FOMO21 co-founder Neil Jacobs said in his post from the X account that the rise in Bitcoin was mainly due to the speculation created by Trump’s announcement. Renowned analyst Anthony Pompliano said the upcoming trade deal “means we have a better chance of reaching all-time highs in 2025.” *This is not investment advice. Source: https://en.bitcoinsistemi.com/bitcoin-and-altcoins-are-rising-100000-is-on-the-doorstep-for-btc-so-what-is-the-reason-for-the-rise-will-it-continue-analysts-explained/
You may also like

Business Opportunities of Tokenized Stocks
In this article, we will outline the lifecycle of tokenized stocks, analyze the current market landscape, and highlight the emerging business opportunities.

In-depth research report on the Resolv protocol hacking incident, who is the final payer?
This incident reveals a fundamental weakness in Delta's stablecoin - the coupling point between the minting logic and off-chain signatures/oracles is the most vulnerable attack surface of the system. Any capital efficiency design of "1 dollar minted for 1 dollar" must be predicated on extremely rigo...

Crypto Market Sees Large Liquidations: $272 Million in Long Positions Affected
Key Takeaways In the last 24 hours, $272 million worth of contracts were liquidated across the entire crypto…

Whale Increases BTC Shorts and Bets on Crude Oil: A Strategic Crypto Move
Key Takeaways A prominent whale, known as “UnRektCapital,” has strategically escalated its short position in Bitcoin while simultaneously…

Hackers in Brazil Use Fake Google Play Store to Steal Cryptocurrency
Key Takeaways Hackers in Brazil are exploiting fake Google Play Store pages to spread Android malware. Infected devices…

Exchanging 200,000 for nearly 100 million, DeFi stablecoins face another attack
DeFi project teams cannot assume that the modules they control are necessarily secure.

The underlying business agreement of the trillion-dollar Agent economy: Understanding ERC-8183, it's not just about payments, but the future
This article systematically analyzes the technical principles and commercial value of the ERC-8183 protocol from the dimensions of technical architecture, core mechanisms, application scenarios, and ecological collaboration.

When Wall Street's ETH begins to "yield": Looking at the asset properties of Ethereum from BlackRock's ETHB
ETH is undergoing a paradigm shift from a "volatile asset" to a "yield-generating cash flow asset."

The Power of Agency: The Agentic Wallet and the Next Decade of Wallets
In 1984, Apple killed the command line with a mouse. In 2026, Agent is killing the mouse.

Understanding x402 and MPP in One Article: Two Routes for Agent Payments
x402 makes payments within the agreement, while MPP makes system-level payments.

Particle Founder: The entrepreneurial insights I have gained the most from in the past year
Stop lean startup, stop lightning entrepreneurship, and think carefully about what your product aspirations are.

Huang Renxun's latest podcast transcript: The future of Nvidia, the development of embodied intelligence and agents, the explosion of inference demand, and the public relations crisis of artificial intelligence
The competition in the future is not just about whose model is larger or whose computing power is stronger, but also about who understands the industry better, who can embed AI more deeply into real processes, and who can organize these capabilities into a runnable and scalable system.

OKX Ventures Research Report: AI Agent Economic Infrastructure Research Report (Part 1)
The existing infrastructure is hostile to the Agent economy. Agents can think and act independently at the "capability level," but at the "economic level," they are still locked into infrastructure designed for humans.

The migration of settlement rights: B18 and the institutional starting point of on-chain banks
In the traditional system, banks decide the settlement; in the on-chain system, code begins to take over this responsibility.

From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment
The AI narrative continues to ferment, but the recent performance of related stocks varies, with some in the midst of summer and others as if in winter.

The second half of stablecoins no longer belongs to the crypto circle
What Coinbase doesn't want, Mastercard is eager to buy.

Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation
Cursor was accused of being based on Kimi K2.5, which sparked controversy, and was later confirmed to be compliant through Fireworks AI due diligence.

The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations
Provide an Investor Relations Best Practices Guide for Crypto Projects.
Business Opportunities of Tokenized Stocks
In this article, we will outline the lifecycle of tokenized stocks, analyze the current market landscape, and highlight the emerging business opportunities.
In-depth research report on the Resolv protocol hacking incident, who is the final payer?
This incident reveals a fundamental weakness in Delta's stablecoin - the coupling point between the minting logic and off-chain signatures/oracles is the most vulnerable attack surface of the system. Any capital efficiency design of "1 dollar minted for 1 dollar" must be predicated on extremely rigo...
Crypto Market Sees Large Liquidations: $272 Million in Long Positions Affected
Key Takeaways In the last 24 hours, $272 million worth of contracts were liquidated across the entire crypto…
Whale Increases BTC Shorts and Bets on Crude Oil: A Strategic Crypto Move
Key Takeaways A prominent whale, known as “UnRektCapital,” has strategically escalated its short position in Bitcoin while simultaneously…
Hackers in Brazil Use Fake Google Play Store to Steal Cryptocurrency
Key Takeaways Hackers in Brazil are exploiting fake Google Play Store pages to spread Android malware. Infected devices…
Exchanging 200,000 for nearly 100 million, DeFi stablecoins face another attack
DeFi project teams cannot assume that the modules they control are necessarily secure.