As of **May 9, 2025**, Bitcoin's market position reflects a mix of upward price momentum, growing institutional interest, and evolving market dynamics. Below is a detailed analysis based on the latest available data:

---

### **1. Price and Market Capitalization**

- **Price**: Bitcoin's price closed at **$100,699.63** on May 8, 2025, marking a **3.96% increase** from the previous day’s close of $97,032.32 . Other sources report a slight discrepancy, with a price of **$97,026.49** as of May 8, reflecting a **0.18% daily increase**.

- **Market Cap**: Bitcoin’s market capitalization reached **$1.935 trillion** on May 7, 2025, up **0.80%** from the day prior and **54.19%** year-over-year . Assuming price stability, this figure would likely surpass $1.94 trillion by May 9.

- **All-Time High**: Bitcoin’s peak price remains **HK$846,997.16** (≈$108,600 USD) from January 20, 2025, though it currently trades **~9% below this level**