🚨⚡BIG ALERT⚡🚨
As of May 9, 2025, Bitcoin (BTC) is trading at approximately $102,744 USD, reflecting a 2.99% increase from the previous close. The day's trading has seen a high of $103,978 and a low of $99,397.
Bitcoin (BTC)
$102,744.00
+$2,986.00(+2.99%)Today
Market Trends and News:
Price Surge: Bitcoin has surpassed the $100,000 mark for the first time since February 2025, reaching an intraday high of $101,370. This rally is attributed to improved market sentiment following a U.S.-U.K. trade agreement, easing investor concerns and encouraging risk-taking.
Institutional Investment: There has been significant institutional interest, with inflows into spot Bitcoin ETFs totaling over $5.3 billion in the past three weeks. Standard Chartered projects Bitcoin could reach $120,000 in the second quarter, though it acknowledges this target may be conservative.
Regulatory Developments: Arizona and New Hampshire have enacted laws permitting state involvement with cryptocurrencies. Arizona's House Bill 2749 allows the state to maintain a reserve of unclaimed cryptocurrency property, while New Hampshire's House Bill 302 permits officials to invest up to 5% of public funds in major cryptocurrencies and precious metals. Axios
Corporate Moves: Coinbase has announced a $2.9 billion agreement to acquire Deribit, the world's largest Bitcoin and Ether options trading platform. This acquisition supports Coinbase's push into the crypto derivatives market.
Upcoming Events:
Bitcoin 2025 Conference: Scheduled for May 27–29 at The Venetian in Las Vegas, this event is expected to attract over 30,000 attendees, including leading fintech companies and crypto enthusiasts.
Consensus Toronto: Taking place from May 14 to 16 in Toronto, this conference will focus on blockchain and cryptocurrency developments.
Dutch Blockchain Week: Scheduled for May 19 to 25 in Amsterdam, this event will cover various aspects of blockchain technology and its applications. Securities.io