#BTCBreaks99K

Bitcoin (BTC) has surpassed the $99,000 mark on May 8, 2025, marking an important milestone in this year's bullish rally. This increase reflects growing investor confidence in cryptocurrencies amid improving global economic conditions.

🔑 Factors Driving Bitcoin's Increase

1. US-UK Trade Agreement

President Donald Trump's announcement of a major trade agreement with the UK has boosted market sentiment, encouraging investors to return to riskier assets like Bitcoin.

2. Federal Reserve Interest Rate Policy

The Federal Reserve decided to maintain its benchmark interest rate in the range of 4.25%–4.50%, despite pressure from President Trump to lower it. This decision signals stability for the market.

3. Increased Institutional Interest

The flow of funds into Bitcoin spot ETFs has reached $5.3 billion in the last three weeks, indicating strong institutional interest in Bitcoin.

4. Positive Steps from US States

States like Arizona and New Hampshire have enacted legislation to establish state Bitcoin reserves, although no purchases have been made yet.