On Thursday, May 8, 2025, the price of Bitcoin ($BTC ) surged significantly, breaking the psychological level of $100,000 for the first time since January of this year. This increase reflects a strong bullish sentiment in the crypto market.(TradingView)

Stock market information for Bitcoin (BTC)

• Bitcoin is the crypto in the CRYPTO market.

• The current price is 101158.0 USD with a change of 4541.00 USD (0.05%) from the previous close.

• The intraday high is 101879.0 USD and the intraday low is 95959.0 USD.

Factors Driving the Increase in Bitcoin Price

• Accumulation by Large Investors (Whales)

Market data shows an increase in accumulation activity by large investors, commonly known as "whales".