#BTCBreaks99K

As of May 8, 2025, Bitcoin has surged past the 99,000 mark, reaching an intraday high of 101,370—the highest since early February. This rally is attributed to several key factors. A significant catalyst was the announcement of a new U.S.-U.K. trade agreement, which bolstered investor confidence and spurred a 5.3% increase in Bitcoin's price, reaching 101,293.

[1]. Additionally, the approval of spot Bitcoin ETFs by the SEC earlier in the year attracted substantial institutional investment, with over30 billion in assets flowing into these funds

[2]. Political developments also played a role; President Trump's pro-crypto stance, including the appointment of crypto-friendly officials and the proposal of a U.S. Strategic Bitcoin Reserve, signaled a supportive regulatory environment

[3]. Furthermore, the April 2024 Bitcoin halving event reduced the rate at which new bitcoins are generated, tightening supply and historically leading to price increases. Analysts now anticipate that Bitcoin could reach $150,000 by the end of 2025, driven by continued institutional adoption and favorable economic policies

[4]. Stock market information for Bitcoin (BTC)

- Bitcoin is a crypto in the CRYPTO market.