Bitcoin and ETHEREUM Increase: BTC strikes $ 99,000, and Eth Breaks Range as demand options batch batch encryption | Flash news details

The cryptocurrency market has witnessed a large gathering after the recent news, with the leadership of Bitcoin (BTC) and ETHEREUM (ETH). On May 8, 2025, BTC increased by 2.74 % to recover 99,000 dollars, a decisive psychological barrier that was tested several times during the previous week. Meanwhile, ETH witnessed a stronger gain, climbing 6.89 % in a 24 -hour window for a three -week unification range, as mentioned by the QCP group in official social media update. This penetration of ETH pushed beyond the key resistance at $ 3,500 (registered at 10:00 UAE time on May 8, 2025), indicating more bullish direction. It seems that the news that leads this gathering has brought up the bullish feelings through the encryption space, as it is clear from the options flow data that shows a strong demand for communication options in May and June for BTC and ETH. The trading volume on the main stock exchanges such as Binance and Coinbase increased by approximately 18 % for BTC and 22 % for ETH within the first 12 hours after the news (data that was tracked from 00:00 UTC to 12:00 UTC on May 8, 2025). This increase indicates an increase in retail interest and institutions, as it shows BTC trading pairs such as BTC/USDT and BTC/USD fixed purchase pressure. Meanwhile, the relevant ETCOINS march also strengthened, with layer 2 symbols such as arbitrary (ARB) and optimism (OP) gaining 4.5 % and 5.2 %, respectively, in the same time frame. The morale of the broader market, as well as the Crypto Fear & Greed index, turned from “neutral” in 50 to “greed” in 68 by 14:00 UTC on May 8, 2025, highlighting a rapid change in investor psychology.

From a trading perspective, this gathering opens many opportunities and risks to encryption investors. ETH is suggested over $ 3500 (as of 10:00 UTC on May 8, 2025) a potential move towards the next resistance level at $ 3,800, a region that was last tested in mid -April 2025. Although BTC, 99,000 dollars still have to be at this level. Options flow data, as the QCP group, noted that institutional players determine the continuous upward trend until May and June 2025, with BTC’s open interest in the strike of $ 105,000 by 15 % between May 7 and May 8, 2025.8, 2025), asset holders suggest to cold storage instead of selling. To analyze the cross market, the encryption rally coincides with a rise of 1.2 % in the S&P 500 futures on May 8, 2025, at 08:00 UAE, which reflects a wider risk feeling. This association indicates that the positive news of the macroeconomic economy or the gains of the stock market may nourish the bullish momentum, which may attract institutional capital flows from stocks to digital assets. Traders can explore long jobs on BTC/USDT or ETH/USDT pairs, but it is recommended to stop stopping 95,000 dollars for BTC and $ 3400 for ETH to reduce negative risks.

Dive into technical indicators, the BTC (RSI) relative index moved on the graph for 4 hours from 55 to 68 between 06:00 UTC and 14:00 UTC on May 8, 2025, indicating the growing bullish momentum without reaching an excessive area if arrested. ETH RSI increased in the same time frame to 72, indicating a short -term condition that may lead to a slight decline before other gains. The size of the size supports the strength of this assembly, as the BTC spot trading on Binance 45000 BTC in 24 hours ends at 12:00 UAE time on May 8, 2025, an increase of 20 % over the previous day. The size of ETH on Coinbase was 1.2 million ETH in the same period, an increase of 25 % today. The medium average rapprochement (MACD) of BTC is a bullish cross on the daily chart as of 00:00 UTC on May 8, 2025, enhancing the possibility of continuing upward movement. In terms of inventory connection, the 1.2 % increase in the future of S&P 500 (referred to at 08:00 World time on May 8, 2025) corresponds to BTC and ETH gains, indicating that the appetite for risk in traditional markets leaks to encryption. The flow of institutional funds, as concluded from options data, indicates a transformation in the capital towards encryption assets, although coding shares such as Coinbase Global (Coin) gain 3.1 % in pre -market trading on May 8, 2025, at 07:30 UTC. This interconnected movement highlights how the stock market events can create chances of coding, especially for BTC and ETH pairs, with the impact on encrypted stocks and dozens of security.

In short, the reaction of the encryption market to modern news, with BTC 99,000 dollars and ETH broke $ 3500 as of May 8, 2025, provides practical trading settings. The association with the stock market gains emphasizes the importance of monitoring traditional financial indicators of encryption trading strategies. Institutional attention, which is reflected in the flow of options and reducing exchange flows, increases the authenticity of the upscale issue, although traders should remain vigilant for excessive signals and potential withdrawal.

Instructions:
What led to the last encryption rally on May 8, 2025?
The motivation behind the assembly in cryptocurrencies such as BTC and ETH on May 8, 2025 was driven by recent news, as the QCP group showed, which led to an increase of 2.74 % in BTC to $ 99,000 and an increase of 6.89 % in ETH $ 3500 by 10:00 UTC.

How does securities market movements affect encryption prices?
On May 8, 2025, 1.2 % increased in the future of S&P 500 at 08:00 UTC with BTC and ETH gains, reflecting wider feelings of risks and potential institutional capital flow from stocks to encryption markets.