#StripeStablecoinAccounts Bitcoin has crossed the ninety nine thousand dollar mark reaching as high as ninety nine thousand five hundred on May eighth twenty twenty five this is the highest level seen since March and reflects strong market momentum the rise is driven by the Federal Reserve holding interest rates steady increased institutional investment and renewed optimism around global trade agreements technical indicators are showing bullish signs with the relative strength index indicating overbought conditions and the moving average convergence divergence showing a positive trend bitcoin exchange traded funds have seen significant inflows adding to the upward pressure as bitcoin nears the psychological barrier of one hundred thousand dollars analysts are watching closely for support around ninety eight thousand two hundred fifty and resistance at the hundred thousand level the ongoing bullish trend suggests that if market conditions remain favorable bitcoin could continue its upward path and set a new all time high in the near future