$BTC Bitcoin breaking 100K refers to the price of Bitcoin exceeding the $100,000 mark.

According to 21st Century Business Herald, 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 is the first time since February 2025 that it has broken this significant psychological barrier. From the intraday data, Bitcoin previously surged from a low of $93,327, reaching a high of $101,678, forming a clear breakout pattern.

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 broke $100,000, driven by U.S. inflation data and expectations of interest rate cuts.

The breakthrough of Bitcoin price above 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 policy of the newly elected U.S. President Trump, have also played a role in pushing the price of Bitcoin.