#BTCBreaks99K
Bitcoin Jumps Over 23% In A Month, Crosses $99,000:
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A month ago, as of April 8, 2025, Bitcoin had stood at $79,475.31. Since then, the crypto has increased by 23.34 to hit $99,025 as of May 8, 2025.
Bitcoin rises 2.59 per cent to $99,025 on Thursday, amid positive sentiment around the US-China trade talks and Donald Trump's announcement of a 'major trade deal' today.
Bitcoin Price Today, May 8:Â Bitcoin on Thursday rose 2.59 per cent to $99,025 amid positive sentiment around the US trade deal talks after Donald Trumpâs announcement of a âmajor trade dealâ with the UK today. The worldâs biggest cryptocurrency has jumped by 23.34 per cent in a month. On Thursday, Ethereum also jumped 3.56 per cent, XPR rose 1.71 per cent, and Solana increased 3.27 per cent.
As of 10:29 am, the price of Bitcoin stood at $99,025.59 with a market cap of $1.97 trillion. Its 24-hour trading volume was at $48.34 billion, according to binance.com. Bitcoin was up 2.59 per cent in the last 24 hours with a circulating supply of 19.86 million.
A month ago, as of April 8, 2025, Bitcoin had stood at $79,475.31.
Avinash Shekhar, co-founder and CEO of Pi42, âBitcoinâs sharp rebound and the resurgence in altcoins reflect the marketâs sensitivity to macroeconomic shifts, particularly positive sentiment around the US-China trade talks."
BTCâs swift move back above $99,000 underscores strong investor confidence, while standout performers like LTC and HYPE suggest that traders are rotating capital into high-potential alts amid renewed bullish momentum, Shekhar said.
As regulatory developments and global economic cues continue to unfold, we expect heightened volatility but with a bullish undertone in the near term," he added, while giving suggestion to traders.
According to CoinSwitch Markets Desk, Bitcoin surged past the $99,000 mark for the first time in 75 days, posting a 2.56 per cent gain over the last 24 hours. The price remains well-supported, trading above its 50-day, 100-day, and 200-day moving averages.
