Bitcoin Hits $99K in Bull Run. Why Is Crypto Going Up Today, and Should You Buy New Crypto?

Bitcoin just surpassed the $99K price point as a new bull run promises to break all records. Let’s see what’s happening with Bitcoin, why it’s rallying now, and which new crypto you should buy to stay ahead of the pack. According to Arhur Hayes, former BitMex CEO, Bitcoin’s rally is similar to what happened from the third quarter of 2022 into early 2025. Moreover, the crypto mogul admitted his bullish sentiment was at a max, stating that he’s ‘all in’ on Bitcoin and expects a $150K price point by the end of the year. What Triggered Bitcoin’s Bull Run and Could New Crypto Follow Suit? Hayes offers an explanation for what triggered Bitcoin’s speedy bull run. ‘[Today] We have a lot of fear, uncertainty, and doubt in the markets, and the monetary authorities, especially in America, cannot handle that, so they resort to money printing.’ Hayes believes the current bull run essentially started on April 9, with Trump’s 90-day tariff pause, which came soon after the president announced his tariff plan on April 2. This string of events destabilized the markets to such a degree that mere rumors about the possibility of a pause caused an upwards market swing of $2T in less than half an hour. The gains would be erased soon after, only for the market to rebound by 6% following the official announcement a day later. The ups and downs of the entire tariff debacle looks like something out of Hollywood’s playbook: It may be happily ever after, as Grayscale Head of Research, Zach Pandl, has also expressed a positive outlook on Bitcoin’s future chart performance. Pandl stated that, while the Federal Reserve is worrying about the increasing stagflation risks, Bitcoin may reap the benefits: ‘Like gold in the 1970s, Bitcoin today has a rapidly improving market structure, supported by U.S. government policy changes, that may help broaden the Bitcoin investor base.’ When looking at the bigger picture, though, it isn’t just market instability that fuels Bitcoin’s bull run. Here is, in our opinion, a more relevant timeline that better explains the state of the crypto market: July 31, 2024 : US Senator Cynthia Lummis announces plans to create a ‘strategic Bitcoin reserve.’ November 5, 2024 : Bitcoin surges by 10%, breaking the $76K threshold as Trump’s victory is imminent. December 6, 2024 : Trump names pro-crypto figure, David Sachs, as AI and crypto ‘Czar.’ December 23, 2024 : Little over a month after election day, Bitcoin surpassed the $100K threshold, hitting a record $106,490. February 21, 2025 : Trump names pro-crypto Howard Lutnik as the next Secretary of Commerce. January 21, 2025 : Acting Chairman Mark T. Uyeda forms the new Crypto Task Force within the SEC to create a more regulated and favorable crypto space. January 23, 2025 : Senate Banking Committee Chair Tim Scott names pro-crypto Cynthia Lummis new chair of the Senate Banking Subcommittee on Digital Assets March 6, 2025 : The White House establishes the Bitcoin Reserve and the Digital Asset Stockpile. Q1, 2025 : The Securities and Exchange Commission (SEC) drops multiple lawsuits against crypto entities like Coinbase, XRP, and Kraken. All these events have created the perfect environment for Bitcoin to push past previous highs, as we’re witnessing in real time. It’s also expected that the favorable context will cause new crypto projects to surge in line, opening the door to fresh investment opportunities. As such, here are some of the best altcoins to consider today. 1. SUBBD ($SUBBD) – AI-Powered Platform Redefining the Concept of Content Creation SUBBD ($SUBBD) is an AI-powered content creator that aims to revolutionize content creation by automating the management process. The AI Personal Assistant helps creators by handling the post-production work, like interacting with fans, personalizing the feed, and managing social media accounts. The platform offers a variety of innovative tools, like the AI Creator, letting you create and monetize your own influencer, as well as the Creators’ Academy, and the AI Marketplace. The project is in its early phase, and the presale has accumulated over $346K. Today’s token price is $0.05535. As a staker, you enjoy a fixed APY of 20% and many additional benefits like governance rights, early access to Beta features, and the ability to tip your favorite creators in $SUBBD Check out our ‘how to buy $SUBBD’ guide today and read our 2025-2030 SUBBD price prediction to see what its prospects could be. 2. BTC Bull Token ($BTCBULL) – Meme Project Offering $BTC Airdrops as Bitcoin Rallies BTC Bull Token ($BTCBULL) is one of the most promising meme coins as it offers $BTC airdrops to $BTCBULL holders as Bitcoin reaches critical price points ($150K, $200K, etc.) The project rests on the idea that Bitcoin will continue to surge past the $150K mark to $250 and beyond. The devs will also burn $BTCBULL as Bitcoin pushes up the charts to increase price pressure and keep the token in bull mode. $BTCBULL is already one of the best presales for 2025, having accumulated over $5.4M with a token price of $0.0025. The dynamic staking reward rate is at 76% right now, but it’s guaranteed to drop as more investors join the pool. Check our price prediction for $BTCBULL for 2025 and follow our ‘how to buy’ guide today. Keep in mind that you need to keep your $BTCBULL in Best Wallet to qualify for the $BTC airdrops. 3. Virtuals Protocol ($VIRTUAL) – Advanced Hub for the Creation of AI Agents Virtuals Protocol ($VIRTUAL) lets you create your own AI agent and rally a community behind it. The platform showcases a leaderboard with the newest AI-driven protocols, ranked based on participants and subscribers. After flat lining for almost a year following its official launch, Virtual Protocol started climbing in the charts in October 2024. It exploded at the end of November, for all-time gains of 15,699%. The project has an 83% positive community sentiment and a 23.83% growth in its 24-hour trading volume, suggesting now may be the time to jump in. Will Bitcoin Keep Climbing? Everything points to a resounding ‘yes.’ A quick look at the charts today is enough to make your heart race. Bitcoin has grown 24.45% over the past 30 days and 2.55% over the past 24 hours, and it’s green almost across the board. A rising tide lifts all boats, so watch out for these promising new coins if you’re after max gains in this new rally. Keep in mind that this is not financial advice. DYOR (Do Your Own Research) before investing and have robust risk management strategies in place, or you won’t survive the market’s volatility. Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers. Source: https://bitcoinist.com/bitcoins-bull-run-hits-99k-is-new-crypto-going-up/