Bitcoin Breaks $100K Again: What’s Fueling the Surge? 🚀💸
Bitcoin (BTC) has officially smashed past the $100,000 barrier once more, hitting an intraday high of $103,513 on May 8, 2025. 🟠📈 After months of volatility, this breakout signals renewed investor confidence and marks a major moment in crypto history.
Several key drivers are behind this latest rally:
🔹 U.S.-U.K. Trade Deal – A fresh trade agreement between the U.S. and U.K. eased global market concerns, boosting appetite for risk assets like BTC.
🔹 Institutional Inflows – Spot Bitcoin ETFs have seen a massive $5.3 billion in inflows over the last three weeks, showing continued interest from major financial players. 🏦💼
🔹 Government Adoption – States like Arizona and New Hampshire are launching their own crypto reserve strategies, signaling broader public acceptance of digital currencies. 🏛️🪙
As of now, Bitcoin is holding steady around $102,700, up nearly 6% from yesterday’s close. 📊 Analysts are watching the $106K zone closely, with bulls aiming for the January all-time high of $109,225. 💥
While momentum is strong, experts caution that trading volume is still low and macro risks remain. But for now, the king of crypto is back on the throne. 👑
