$BTC $BTC – Daily Summary (May 8, 2025): Bitcoin is trading | SatoshiKing on Binance Square

Trending Articles

Bookmarked and Liked

--

$BTC $BTC – Daily Summary (May 8, 2025):
Bitcoin is trading near $99K, with strong bullish momentum fueled by over $5B in ETF inflows and Fed rate stability. Technical indicators (RSI 74.9) show strength, but some overbought signals suggest a short-term pullback is possible. Key level: $100K – a breakout could trigger the next major rally.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

103,046.94

+0.09%

10

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Square-Creator-91a2a1263a9f

Explore More From Creator

$BTC Bitcoin (BTC) Technical Analysis – May 9, 2025 Bitcoin is currently trading around $103,000 after breaking above the key psychological level of $100,000, showing strong bullish momentum. Key Levels: Support: $102,348 is the first support. If broken, further support lies at $101,457 and $99,125. Resistance: Immediate resistance is at $104,337, followed by $106,151 and $108,746. A breakout above these could push BTC higher. Technical Indicators: RSI: Currently in the overbought zone, signaling a potential short-term correction. Moving Averages: BTC is trading above the 50-day and 100-day moving averages, reinforcing the bullish trend. Outlook: Momentum remains strong, but caution is advised due to overbought signals. Traders should watch for potential pullbacks and key breakout levels before entering new positions.

--

#CryptoComeback Crypto is making a strong comeback, driven by growing investor confidence and rising institutional adoption. As prices hit unprecedented levels, the market eyes either a healthy correction or continued momentum fueled by global interest and liquidity.

--

Why Are Cryptos Soaring Today? Here’s What’s Driving the Surge! 🚀 Today, May 8, 2025, the crypto market is lighting up with green candles! Bitcoin smashed through the $100,000 mark again, and other major coins like Ethereum followed with strong gains. But what’s really fueling this bullish momentum? Let’s break it down. 1. Institutional Investors Are Going All In 💼 Over the past three weeks, digital asset funds have seen over $5.5 billion in inflows — including $1.8 billion into Bitcoin alone. Big money is clearly betting on crypto as a solid alternative asset, especially with growing global uncertainty. 2. Trump’s Second Term = Crypto-Friendly Policies 🇺🇸 The re-election of Donald Trump brought a regulatory shift in favor of digital assets. His administration is backing a Strategic Bitcoin Reserve, and regulators like the SEC have taken a softer stance on major platforms like Coinbase and Binance. That’s music to the market’s ears! 3. Ethereum Just Got a Major Upgrade ⚙️ Ethereum’s Pectra upgrade is now live — improving scalability and transaction speeds. While ETH hasn't exploded yet, the foundation is set for long-term growth. Developers and investors alike are bullish on Ethereum 2.0. 4. Major Acquisitions Signal Serious Growth Moves 💰 Coinbase made headlines by acquiring Deribit, a crypto derivatives exchange, for $2.9 billion. This strengthens Coinbase’s position in the growing crypto options and futures market — and investors love seeing that kind of expansion. 5. A Global Economic Shift Is Pushing Crypto Forward 🌍 With ongoing concerns over inflation and central banks easing monetary policy, investors are turning to crypto as a hedge. The U.S.-UK trade deal also added fuel to the fire, boosting overall market optimism. Final Thoughts 💡 This rally isn’t just hype — it’s being backed by real adoption, strategic investment, and regulatory clarity. Whether you're a seasoned holder or just watching from the sidelines, one thing’s clear: crypto is back in the spotlight. $BTC $ETH $ETH #TrendingTopic

--

#StripeStablecoinAccounts #StripeStablecoinAccounts: Stripe enters the stablecoin game, enabling USDC payouts for global users. A major leap for crypto adoption in everyday business transactions.

--

#BTCBreaks99K #BTCBreaks99K: Bitcoin shatters the $99K barrier, signaling strong bullish momentum and growing investor confidence. Eyes now set on the historic $100K milestone – can it hold or fly higher?

--

Latest News

Cointelegraph's Twitter Account Allegedly Compromised, Investors Warned of Risks

--

Indonesia May Delete Retinal Data Amid Security Concerns

--

Cointelegraph's X Account Potentially Compromised

--

BlackRock and SEC Discuss Crypto Asset Regulation Strategies

--

TeraWulf Reports Significant Losses in Q1 2025 Financial Results

--

Trending Articles

[click join claim reward USDT 💵](https://www.binance.com/ac

best crypto tips 92

It's crazy, it's crazy, it's completely insane! In just one

Signal Alert 🚨 $SOL Chart Overview: •

muhammad zain Ul Abidin Choudhary muhammad ashraf

😱🔥Binance Founder Changpeng Zhao Says Bitcoin Is Easy If You Follow This Rule❗

$ETH in 2025: What’s a realistic outlook? 🔮📈 As of May 9,

Cookie Preferences

Cookie Preferences