May 08, 2025
$BTC has surged beyond $98,000, fueled by growing investor confidence and massive accumulation by large holders, or “whales.” This rally follows U.S. Treasury Secretary Scott Bessent’s announcement of upcoming trade talks with China, sparking optimism across financial markets.
On May 7, Bitcoin’s realized market cap hit a record $890 billion, showing increased long- and short-term holder conviction. Notably, wallets holding 10–10,000 BTC added over 81,000 $BTC in just six weeks, while those holding over 1,000 BTC hit their highest levels since early 2024.
The key resistance zone between $97K–$99K is now under pressure. If BTC breaks through and holds above it, a swift move to $100K or beyond is well within reach.
This could be your moment to enter the market.
Click on $BTC to invest in Bitcoin now—before the next breakout begins.
Whats your experience in recent trade of crypto? Inform us in comment box.
