$BTC As of May 9, 2025, Bitcoin (BTC) has surged past the $100,000 mark, trading around $102,645—a 3.5% increase from the previous day. This rally is fueled by a combination of institutional investments, such as Fidelity's recent $35.3 million BTC purchase, and positive macroeconomic developments, including a U.S.-U.K. trade agreement that has bolstered investor confidence. The creation of over 344,000 new Bitcoin wallets in a single day indicates a significant influx of new participants, driven by fear of missing out (FOMO). Analysts suggest that if bullish momentum continues, BTC could test resistance levels near $107,000, with potential to reach $120,000 in the coming weeks.