Bitcoin surpassed $98,000 at the beginning of May 8, 2025, driven by positive economic news and increasing institutional interest.

The rise was fueled by trade negotiations between the US and China and the decision of the US Federal Reserve to keep interest rates stable.

Analysts expect potential growth to a record level if Bitcoin remains above $101,000, supported by supply constraints following the halving, institutional infrastructure, and growing interest in uncorrelated assets.