Bitcoin surpassing 100K refers to the price of Bitcoin breaking the $100,000 barrier.
According to 21st Century Economic Report, as of May 9, 2025, 7:30 AM Beijing time, the price of Bitcoin was $102,826, with a 24-hour increase of 5.75%, successfully returning above $100,000. This marks the first time since February 2025 that it has broken this significant psychological threshold. From the intraday market, Bitcoin had previously risen from a low of $93,327 to a high of $101,678, forming a clear pattern of breakthrough increase.
Previously, Bitcoin had also broken 100K multiple times in December 2024. For instance, on December 5, according to OKX market data, BTC broke $100,000 USDT. On December 12, Bitcoin once again surpassed $100,000, driven by U.S. inflation data and expectations of interest rate cuts.
The price of Bitcoin breaking 100K was influenced by various factors, such as institutional capital inflows, changes in U.S. political policies, global liquidity changes, and market sentiment. Large purchases of Bitcoin by some companies, as well as the cryptocurrency policies of the newly elected U.S. President Trump, have all contributed to driving up the price of Bitcoin.