The breakthrough of 100K for Bitcoin refers to the Bitcoin price surpassing the $100,000 mark.
According to 21st Century Business Herald, as of 7:30 AM Beijing time on May 9, 2025, the Bitcoin price was $102,826, with a 24-hour increase of 5.75%, successfully returning above $100,000. This is the first time since February 2025 that it has breached this important psychological level. From the intraday market, Bitcoin previously rose from a low of $93,327, reaching a high of $101,678, forming a clear breakout pattern.
Previously, Bitcoin had also broken through 100K multiple times in December 2024. For instance, on December 5, according to OKX market data, BTC surpassed 100,000 USDT. On December 12, Bitcoin again broke through $100,000, driven by U.S. inflation data and expectations of interest rate cuts.
The rise of Bitcoin price above 100K is influenced by various factors, such as institutional capital inflow, changes in U.S. political policies, global liquidity changes, and market sentiment. Some companies made large purchases of Bitcoin, and the cryptocurrency policy of the newly elected U.S. President Trump have also played a role in boosting the Bitcoin price.