As of May 9, 2025, Bitcoin (BTC) is trading at approximately \$102,753, reflecting a 3% increase over the past 24 hours. This surge marks Bitcoin's return above the \$100,000 threshold for the first time since February, driven by renewed investor optimism following a U.S.-U.K. trade agreement and potential easing of U.S.-China tariffs. ([Decrypt][1], [Investopedia][2])
The rally is further supported by significant institutional investments, with inflows into spot Bitcoin ETFs totaling \$5.3 billion in the past three weeks. Analysts suggest that if the current momentum continues, Bitcoin could challenge resistance levels near \$107,000, with potential to reach \$120,000 in the coming months. ([Business Insider][3], [Investopedia][2])
* [Barron's](https://www.barrons.com/articles/bitcoin-price-xrp-ether-rise-85575d0a?utm_source=chatgpt.com)
* [Business Insider](https://www.businessinsider.com/bitcoin-price-crypto-tariffs-cryptocurrency-fed-trade-deal-btc-2025-5?utm_source=chatgpt.com)
* [Investopedia](https://www.investopedia.com/watch-these-bitcoin-price-levels-as-cryptocurrency-reclaims-usd100k-level-11731488?utm_source=chatgpt.com)
[1]: https://decrypt.co/318680/why-bitcoins-price-rising-today?utm_source=chatgpt.com "Why is Bitcoin's Price Rising Today?"
[2]: https://www.investopedia.com/watch-these-bitcoin-price-levels-as-cryptocurrency-reclaims-usd100k-level-11731488?utm_source=chatgpt.com "Watch These Bitcoin Price Levels as Cryptocurrency Reclaims $100,000 Level"
[3]: https://www.businessinsider.com/bitcoin-price-crypto-tariffs-cryptocurrency-fed-trade-deal-btc-2025-5?utm_source=chatgpt.com "Bitcoin just hit $100,000 for the first time in 3 months"