#BTCBreaks99K Bitcoin (BTC) has recently surpassed the $99,000 mark, reaching new all-time highs. This surge is attributed to several factors:
Political Developments: The election of Donald Trump as U.S. President has led to expectations of a more crypto-friendly regulatory environment, contributing to increased investor confidence.
Institutional Investment: Bitcoin exchange-traded funds (ETFs) have seen significant inflows, with net assets surpassing $100 billion for the first time. This institutional interest has further fueled the rally.
As of May 8, 2025, Bitcoin is trading at $99,111, with an intraday high of $99,835 and a low of $95,959. Analysts are closely watching the $100,000 level as the next psychological milestone for Bitcoin's price.