#BTC突破99K

As of May 8, 2025, the price of Bitcoin (BTC) has surpassed $99,000, reaching an intraday high of $99,835, just a step away from the psychological barrier of $100,000.

This surge is driven by multiple positive factors:

• Easing U.S.-China trade tensions: The U.S. Treasury Secretary announced that trade negotiations with China would commence, boosting market sentiment and driving the cryptocurrency market upward.

• Policy support from New Hampshire: The state has become the first in the U.S. to allow up to 5% of state reserves to be invested in Bitcoin and other high-market-cap digital assets, indicating an increased acceptance of crypto assets by the government.

• Technical breakout: Bitcoin has recently broken through a descending channel and flag formation, indicating a strong upward trend.

Currently, the next resistance level that the market is focused on is $100,000; if this level is breached, it may further challenge $107,000. Investors should closely monitor market dynamics and operate cautiously.