#BTCBreaks99K

Bitcoin Breaks $99K: Eyes Set on $100K Milestone

As of May 8, 2025, Bitcoin (BTC) has surged past the $99,000 mark, reaching a high of $99,818, its strongest performance since February. This rally is fueled by renewed investor optimism following the announcement of a comprehensive trade agreement between the U.S. and U.K. by former President Donald Trump.

Institutional interest remains robust, with companies like Strategy (formerly MicroStrategy) expanding their Bitcoin holdings through significant equity offerings. Additionally, the Federal Reserve’s decision to maintain current interest rates has provided further stability to the market.

Technical analyses indicate that Bitcoin is maintaining strong support levels, suggesting the potential for it to surpass the $100,000 mark in the near term. The cryptocurrency’s realized capitalization has hit an all-time high of $890 billion, signaling growing long-term holder confidence.

With these favorable conditions, Bitcoin is poised to challenge its previous all-time high of $109,000, potentially reaching new heights in the coming days.