logo

Bitcoin and Altcoins Are Rising: $100,000 is on the Doorstep for BTC! So What is the Reason for the Rise, Will It Continue? Analysts Explained!

By: bitcoin sistemi|2025/05/08 15:15:01
0
Share
copy
Bitcoin and Altcoins Are Rising: $100,000 is on the Doorstep for BTC! So What is the Reason for the Rise, Will It Continue? Analysts Explained! Bitcoin investors and analysts expect the BTC price to reach $100,000. Bitcoin (BTC) started the new week at $94,000, then approached $100,000 with increasing optimism. Bitcoin's rally first began on Wednesday on news of renewed US-China trade talks, boosting overall market sentiment. Apart from the US-China talks, US President Donald Trump said in a post he shared on Truth Social yesterday that “a significant trade agreement with a great and very respected country will be announced on May 8th.” The New York Times reported that this country would be England, citing three people familiar with the country. At this point, Bitcoin and altcoin investors are expecting a possible trade deal with the UK to be announced and BTC to exceed $100,000 and potentially break a new record following this announcement. Altcoins Are Also Rising! While altcoins accompanied the rise in Bitcoin, Ethereum (ETH) exceeded $ 1,900 after a long time. Popular altcoins such as Solana (SOL), Dogecoin (DOGE) and SUI also experienced increases of 5%-10%. According to Coinglass data, the rise left investors who were expecting a decline in the wrong place. In the last 24 hours, $296.7 million worth of leveraged transactions were liquidated. $84.2 million worth of long positions and $212.7 million worth of short positions were liquidated. While $113 million was liquidated in Bitcoin and $65 million in Ethereum, 108,327 investors liquidated in the last 24 hours. The largest liquidation occurred in the BTC/USD trading pair on Binance. $100,000 Expected! Many Bitcoin investors and analysts expect a rally above $100,000, saying that this rise is due to speculation around the trade deal that Trump will announce today. At this point, FOMO21 co-founder Neil Jacobs said in his post from the X account that the rise in Bitcoin was mainly due to the speculation created by Trump's announcement. Renowned analyst Anthony Pompliano said the upcoming trade deal “means we have a better chance of reaching all-time highs in 2025.” *This is not investment advice.

You may also like

Four Key Truths and Cost Traps Behind Polymarket LP Market Making Incentives

The potion left in the witch's hand is still poison; let's wait for Polymarket's major announcement tomorrow.

San Francisco Stablecoin Weekly Insights: The XYZ Coordinate System of 2026

Stablecoins 2026 New Narrative: No longer just "issuing coins," but reconstructing global financial infrastructure along three dimensions: AI payment authorization, RWA on-chain credit, and cross-border on-chain FX.

Asia's Next Great Dog Coin Debuts at the Weex AI Trading Hackathon

A BNB Chain meme token inspired by the Shih Tzu dog, blending community culture, creativity, and long‑term loyalty in Web3.

Fluxor: Connecting Global Builders With the WEEX AI Trading Hackathon

A hackathon platform connecting builders and creators to collaborative opportunities and innovation in Web3, enabling AI-oriented developers to experiment and create at scale.

The growth of AI-driven tools and community collaboration in Web3 has created new opportunities for developers worldwide. As a community partner and sponsor of the WEEX AI Trading Hackathon, Fluxor's mission to unify hackathon experiences and foster creative partnerships aligns with this spirit of collective innovation.

Houthi Deadline Countdown Begins | Rewire News Morning Brief

Trump's 48-Hour Ultimatum was issued on Saturday and expires on Monday night

Middle East Conflict Escalation and Rate Hike Expectation Trigger Worst Gold Sell-Off in 43 Years

The key reasons for the sharp decline include heightened oil prices due to Middle East conflict, suppressed interest rate cut expectations, and intensified selling pressure triggered by tightening USD liquidity.

Popular coins

Latest Crypto News

15:42

The actual control ratio of the SIREN dealer may reach 88.5%, and the controller may be DWF Labs

According to Ember Monitoring, among the top 54 addresses holding SIREN tokens, except for the burn wallet and the Binance Web3 wallet, the remaining 52 addresses are suspected to be owned by the same controlling party. Among these, 48 addresses had previously concentrated SIREN tokens, while the ot...
15:42

Japan's bond yields approach a new high in decades

According to Jinshi Data, on Monday morning, Japanese government bond prices fell, and yields rose again to their highest levels in decades. Market concerns are growing that escalating conflicts in the Middle East will drive up inflation rates. The yield on 10-year bonds rose 6 basis points to 2.32%...
15:42

Resolv Labs: 9 million illegally minted USR have been destroyed, do not trade related tokens during the implementation of recovery measures

Resolv Labs issued an update regarding a security incident, stating that a malicious attacker illegally accessed Resolv's infrastructure through a stolen private key and minted approximately $80 million worth of uncollateralized USR. The relevant smart contracts have been quickly paused, and approxi...
15:42

Data: The current whale position on the Hyperliquid platform is 3.344 billion USD, with a long-short position ratio of 1

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $3.344 billion, with long positions of $1.674 billion, accounting for 50.07% of the total holdings, and short positions of $1.669 billion, accounting for 49.93%. The profit and loss for long positions is -$...
15:42

Grayscale has submitted the S-1 application related to the HYPE ETF, and the staking feature is currently not allowed

According to The Block, Grayscale has submitted an S-1 application to the U.S. SEC, planning to launch the Grayscale HYPE ETF (ticker: GHYP). This fund aims to track the spot price of the Hyperliquid (HYPE) token and is intended to be listed on Nasdaq, with custody provided by Coinbase Custody.The c...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com