- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Bitcoin Surges Past $99K—Is the $100K Milestone Within Reach Today?
By: coinfea|2025/05/08 20:30:01
0
Share
Bitcoin broke above the $99,000 mark late Wednesday, edging closer to the highly anticipated $100,000 milestone. The asset climbed 2.83% in the past 24 hours, trading at $99,330 at the time of writing. Despite experiencing a more than 10% dip from its January peak, Bitcoin’s momentum has remained strong. Glassnode data shows large investors added over 81,300 BTC in the past six weeks, signaling strong institutional accumulation and confidence in long-term value.BTC Nears Psychological Barrier as Altcoins RallyBitcoin’s market activity intensified with trading volume reaching $47 billion, a nearly 50% surge in one day. The climb past $99,000 brought the asset close to breaching the psychological $100,000 level. Analysts say a breakout could trigger a wave of fear of missing out among both retail and institutional investors. Ethereum and Solana also posted gains, following Bitcoin’s lead. Ethereum rose 4.26% to $1,904, while Solana increased 3.7% to $151.61. Glassnode confirmed the number of wallets holding between 10 and 10,000 BTC rose, accumulating over 81,000 BTC since March. The number of wallets holding over 1,000 BTC rose from 1,945 to 2,006 between March 1 and May 7, marking the largest 30-day increase this year. $BTC knocking on the $99K door again...Clear rejection zone just below $100K ; tested multiple times in the past.Price is surging into a major resistance zone.Break above = new highsRejection = pullback likelyBulls vs Bears — who takes control here?#Bitcoin #BTC pic.twitter.com/ECdkJT5fa0— CryptoWhaleLK (@CryptoWhaleLK) May 8, 2025Realized Cap Hits Record High Amid Strong Buying ActivityBitcoin’s realized capitalization hit a new record at $890 billion, marking the third consecutive week of gains for the metric. The rise reflects a growing investment base and continued optimism among holders. Similar behavior was seen in early 2024 before BTC’s last all-time high, suggesting a potential price breakout may be ahead. Ethereum implemented its long-awaited Pectra upgrade on May 7, which introduced smart account features and improved scalability. However, market reaction remained muted. ETH futures stayed at 3%, below the 5% neutral threshold, showing reduced bullish sentiment despite the upgrade’s success. #BITCOIN SMASHES $96.8K TODAY with room to push toward $100K!The king of crypto is showing MASSIVE strength today, up 2.21% to $96,854 after that quick dip below $94K earlier this week. This resilience is exactly what $BTC HODLers have been waiting for! We're seeing... pic.twitter.com/9cRJB9EBja— Alina (@Alina4ever7) May 7, 2025Institutional Support and Market Shifts Fuel GrowthBlackRock’s IBIT fund recorded $6.96 billion in net inflows since January, surpassing the SPDR Gold Trust, which saw $6.5 billion. Analysts suggest the shift reflects rising institutional preference for crypto assets over traditional safe havens like gold. Early this week, some bearish trend emanating from tariff was briefly seen on Bitcoin but this has been unwound after positive sentiment following latest information on US -China trade talks. Specifically, the Federal Open Market Committee left the Fed funds rate in a target range of 4.25% to 4.5% on Wednesday and Fed Chair Jerome Powell pointed to remaining policy effects’ volatility. CME FedWatch data revealed that there was a 76.8% probability that the Fed will stick to its position in June.The post Bitcoin Surges Past $99K—Is the $100K Milestone Within Reach Today? first appeared on Coinfea.
You may also like
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.
Is the income of pump.fun real, earning a million dollars a day despite the market downturn?
If it can really earn this much, what is the reason for the low price of $PUMP?
The real reason why tokens are not selling: 90% of crypto projects neglect investor relations
Investor Relations Practice Guide for Cryptocurrency Projects.
Who is the true winner of the "Tokenization" narrative?
Virtually everyone benefits, but the reason for the benefit, the timing, and the underlying logic are completely different.
Moss: The Era of AI-Traded by Anyone | Project Introduction
AI Trading Agent is rapidly growing its infrastructure.
Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update
AI chips have become a strategic asset more sensitive than missiles
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.
Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K
When the grocery shopping auntie on the subway, or Tony the hairdresser, start asking you about BTC, crypto, and cryptocurrency investments, selling immediately will be the only best option.
Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?
Imperial College London MetaGame: AI Agent × Web3 Landing Three Major Directions.
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.
App