#BTCBackto100K — Bitcoin back in six figures
Bitcoin (BTC) has surpassed the $100,000 mark for the first time since January 2025, reaching $101,075 on May 8. This growth is attributed to institutional investments, new trade agreements in the U.S., and positive expectations from the upcoming FOMC meeting.
With the current price around $103,000, BTC is close to its all-time high, just 7.4% behind. Analysts are revising their forecasts, expecting it to reach $120,000 in the second quarter.
The increase in BTC's dominance to 60% indicates its strengthening as "digital gold" amid global economic instability.