The breakthrough of 100K for Bitcoin refers to the price of Bitcoin surpassing the milestone of 100,000 USD.
According to 21 Economic Network, as of May 9, 2025, 7:30 AM Beijing time, the price of Bitcoin was 102,826 USD, with a 24-hour increase of 5.75%, successfully returning above 100,000 USD. This is the first time since February 2025 that it has surpassed this important psychological barrier. From the day's trading, Bitcoin previously rose from a low of 93,327 USD to a high of 101,678 USD, forming a clear pattern of breakthrough upward movement.
Previously, Bitcoin had also broken through 100K multiple times in December 2024. For example, on December 5, according to OKX market data, BTC surpassed 100,000 USDT. On December 12, Bitcoin again broke through 100,000 USD, driven by US inflation data and expectations of interest rate cuts.
The price of Bitcoin breaking through 100K has been influenced by various factors, such as institutional capital inflow, changes in US political policies, global liquidity changes, and market sentiment. Large purchases of Bitcoin by some companies, as well as the cryptocurrency policy of the elected President of the United States, Trump, have all played a role in driving the price of Bitcoin.