Bitcoin Price on May 8, 2025

As of May 8, 2025, Bitcoin (BTC) is trading at approximately $99,625 USD. The cryptocurrency has experienced a significant surge, reaching an intraday high of $99,835 and a low of $95,959. This upward momentum is attributed to various factors, including increased institutional interest and favorable market conditions. Analysts are closely monitoring the $100,000 resistance level, as breaking this barrier could signal a new bullish phase for Bitcoin. However, some experts caution that a correction may follow if the price fails to sustain above this threshold. Overall, the market sentiment remains optimistic, with many anticipating further gains in the coming months. $BTC