Bitcoin price update: $ 100,000 Challenge by Crypto Rover Sparks Trading Buzz | Flash news details

The encrypted currency market disturbs excitement in the wake of a bold statement from a prominent encoding effect, Crypto Rover, which was published on social media on May 8, 2025, and promised a gift of $ 1,000 in Bitcoin (BTC) to five individuals if Bitcoin broke the brand of $ 100,000 within 24 hours. This post, with a wide audience, has caused great attention as bitcoin hovers near historical levels. As of 10:00 am World time on May 8, 2025, Bitcoin was traded at $ 98,750 on major stock exchanges like Binance and Coinbase, which indicates an increase of 3.2 % in the past 24 hours, according to COININECKO data. BTC/USDT trading on Binance increased by 18 % in the same period, reaching $ 2.1 billion, reflecting the increase in market interest. This increase in participation is also in line with the broader market dynamics, as the stock market indicators such as the S&P 500 have recorded 1.5 % from the market closure on May 7, 2025, for each Yahoo financing, indicating a feeling of risks that are often associated with encryption pools. The possibility of Bitcoin to violate $ 100,000 is now a pivotal point for traders, with social media morale amplifying.

From the perspective of trading, this event offers both opportunities and risks across the encryption markets and securities. If Bitcoin exceeds $ 100,000 in the window stipulated 24 hours at 10:00 AM UTC on May 9, 2025, we can see a sharp flow of retailers, and may pay prices up. The data on the series of Glassnode appears from May 8, 2025, at 11:00 am World time, an increase of 25 % in bitcoin wallet addresses that carry more than 0.1 BTC last week, indicating the increasing retail sharing. Meanwhile, Altcoins such as ETHEREUM (ETH) and Solana (SOL) also see linked movements, with ETH/USDT on Binance trading at $ 3,450 (an increase of 2.8 % in 24 hours) and SOL/USDT at $ 175 (up 4.1 %) at 12:00 pm on May 8, 2025. Pre -market trading on May 8 2025, for all Bloomberg data, it is often an introduction to the encryption power. Traders can take advantage of this momentum by targeting BTC/USD with a loss of less than $ 97,000, while monitoring coding shares such as Microstrategy (MSTR), which gained 3.5 % to $ 1,650 to close the market on May 7, 2025, per hour of a market.

Technical indicators also support Bitcoin’s bullish expectations from 1:00 pm UTC on May 8, 2025. The RSI RSI stands for BTC/USDT on Binance at 68, about to be excessive to buy it but still indicates a space for the upper movement. The 50 -day moving average (MA) provides a price of 9,200 dollars with strong support, while MA 200 days indicates 90,500 dollars that there is a long -term upward trend, according to Tradingview data. The size analysis shows an increase of 22 % in the volume of the BTC spot on Coinbase, as it reaches $ 1.8 billion during the past 24 hours as of 2:00 pm UTC on May 8, 2025. The cross market links are still strong, with Bitcoin price movements, where they were updated in Mays. With Bitcoin ETF flows increased by $ 320 million on May 7, 2025, Bloomberg said, indicating the flow of sustainable money from traditional markets to encryption. This interaction indicates that the penetration of more than $ 100,000 can attract institutional capital, which leads to the amplification of gains through shares related to encryption.

Nexus Crypto is particularly relevant here, as the morale of the positive stock market often drives the appetite of the risks in digital assets. With the average Dow Jones Industrial increased by 1.2 % as of May 7, 2025, it rises near, per Reuters, and shares related to encryption such as Coinbase Global (Metal currency) by $ 2.9 % to $ 225 in the same session for each Yahoo financing, the effect of separation in Bitcoin and Altcoins is not heated. Traders should monitor an increase in fluctuations around the level of $ 100,000, especially since the social media -based FOOO may exacerbate price fluctuations. Monitoring the scales on the chain will be like the volume of transactions, which increased by 15 % to 450,000 transactions on the Bitcoin network from 3:00 pm UTC on May 8, 2025, for each Blockchain.com, which is very important to measure continuous momentum. This event emphasizes the increasing integration of traditional markets and encryption, providing traders a unique window to exploit cross market trends with increased risk management.

Common Questions section:
What does Bitcoin Breaking $ 100,000 mean for merchants?
If Bitcoin crosses $ 100,000 in the 24 -hour window at 10:00 am UTA on May 9, 2025, this may lead to a large up -to -date raising raised by retail and institutional purchase. Traders may see chances of BTC/USD and Altcoins associated with such as ETH and Sol, although the risk of volatility is still high.

How does stock markets affect the work of Bitcoin?
As of May 7, 2025, the gains in the main indicators such as the S&P 500 (an increase of 1.5 %) and the future NASDAQ reflects (an increase of 1.8 %) an environment on risks that often boost bitcoin. Inventories related to encryption such as Microstrategy and Coinbase also witnessed gains, indicating a positive connection that pays institutional interest in encryption assets.