Bitcoin Summary for May 8, 2025:

Current Price: ~$96,298 (up 1.36%)

Intraday Range: $94,528 – $97,513

Market Sentiment: Bullish

Key Highlights:

Positive U.S.-China trade news is boosting risk assets, including Bitcoin.

Investors are realizing ~$1 billion in daily profits, indicating a late-stage bull market.

Whales have accumulated over 81,000 BTC in six weeks.

The Fed kept interest rates unchanged, supporting Bitcoin's stability.

China’s monetary easing is also helping global market sentiment.

Analysts see strong momentum with a possible push toward $100,000 if Bitcoin holds above $95,000.