Bitcoin is worth more than $100,000 again. Yes — $101,075, to be exact. Welcome to the future where code is more important than Congress.
And now — a little context.
This is already the third time Bitcoin has crossed the six-digit mark:
• For the first time — in December 2024, when everyone was laughing, while investors were already buying.
• Then — in January 2025, just before Donald Trump becomes president again.
• And now, on May 8, Bitcoin is doing it again — against the backdrop of geopolitical theater and the collapse of trust in 'traditional' assets.
BTC market share — 60%+ alts in panic.
Bitcoin is not just rising — it is taking the market from its younger brothers, altcoins, like an older brother who returned from the army and took back his motorcycle. BTC dominance is now above 60%, and that is a level we haven't seen since early 2021, when NFTs were a fresh toy and Dogecoin seemed like a smart idea. Now, it’s all serious.
• In December 2024, BTC held 52%.
• In January — 54%.
• And now — the divine 60+%.
And if you are sitting in alts — well, good luck. Or get out while you still can.
Institutional money says: 'We are in the game.'
ETFs poured $1.8 billion into Bitcoin in one week. And this makes the rise sustainable because, let's be honest — if you're a hedge fund with $5 billion and bought Bitcoin, you won't sell it because of a tweet from Elon Musk.
Additionally:
• Bond yields are falling.
• The US dollar is weak, like decaf coffee.
• Trump is back in office and promises a 'very beautiful' trade deal. Perhaps with the UK. Perhaps with Mars. The main thing is to make it beautiful.
Gold is rising, Bitcoin is rising.
Petr Kozyakov from Mercuryo noted: Bitcoin is now like gold. But digital. Without safes, guards, and the smell of naphthalene. It is a hedge against madness. And it’s in demand now. And Bitcoin — it doesn't argue.
And what's next? $110,000? $200,000? The sky is the limit.
Ben Caselin, CMO of VALR, says that retail investors are still on the sidelines. This means that the mass hysteria is still ahead. That's when TikTok will start to resemble crypto courses, then there will be a real peak.
In his opinion, the next stop is $110,000, and the peak of the macro cycle will be at the end of 2025. And if you think it's too late — you are still ahead of most.
Everything can spoil the CPI.
The US government can still ruin everything. If the inflation data on May 13 is bad, and the budget disappoints the day before, the markets may be scared for a while.
