MARKET UPDATE ON 5/8/2025
🚀 $BTC continues to rise sharply, now nearing the $100,000 mark and trading around the $99,000 - $99,500 range. This is the all-time high for Bitcoin, driven by capital inflows into ETF funds and loose monetary policy in China.
📅 On 5/10, the market will receive US CPI data – a factor that could create significant volatility for the market in the short term.
💸 Capital is spreading to Altcoins, especially in the AI, RWA, and Layer 2 groups, as investors expect BTC to temporarily adjust after reaching the historical milestone.
🔥 TOP Altcoins today: $FET, $W, $ENA, $ORDI, $AGIX…