Breaking $100K isn’t just a psychological level – it’s a signal to global capital that Bitcoin belongs in every portfolio
The analytics company showed that Bitcoin’s realized capitalization has also hit a record $890 billion. The milestone highlights the overall investment kept by Bitcoin owners and may also indicate an expectation for a price breakthrough since it represents the third straight week of record-breaking rise for the metric.
Ethereum also applied its Pectra update on May 7, which added smart account capabilities and boosted its scalability. Despite its upgrade, ETH price and derivatives measurements showed a rather subdued reaction to the network improvement. ETH futures stayed below the 5% neutral level, at 3%, suggesting that bulls lacked appetite even with the effective application of the upgrade.
Institutional momentum drives BTC above $99K
In the wake of Bitcoin’s upward trend, BlackRock’s spot Bitcoin exchange-traded fund (IBIT) recorded $6.96 billion in net inflows since the start of 2025. The ETF also surpassed the SPDR Gold Trust (GLD) to become the sixth most popular fund by inflows.