• TEXT= DATE: 26.05.2025 Akarun  |  IDO  | GameFi
  • TIMER= 26.05.2025
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  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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Bitcoin price hits $100,000 again

Bitcoin price hits $100,000 amid renewed confidence and market dominance

https://icn.live/wp-content/uploads/2025/05/btc-high-again.mp3
  • by ICN.live
Salma Al-Tamimi

Bitcoin price hits $100,000, sparking a wave of excitement across the crypto world and investor communities.

The flagship cryptocurrency reached $100,928 on May 8, marking its third time above the six-figure level. This 4.2% surge from the intraday low of $95,967 signals a renewed bullish outlook. Unlike its previous runs in December and January, this rally came alongside a major increase in Bitcoin’s market dominance, now above 60%.

This growing dominance hints at a possible cooling off in the altcoin space. With more capital flowing back into Bitcoin, traders see a shift toward safe-haven digital assets. Altcoin traders, in contrast, may need to recalibrate their strategies as investor preference leans toward BTC once again.

Bitcoin’s dominance reflects shifting market dynamics

During its December 2024 push to $100,000, Bitcoin held 52% of the total crypto market. By January 2025, that rose to 54%. Today, it exceeds 60%, reaching dominance levels not seen since early 2021. Back then, Bitcoin’s price was around $36,000, gearing up for its climb past $60,000.

This high dominance level is both a bullish and cautious signal. It confirms Bitcoin’s strength but also suggests reduced appetite for high-risk altcoin investments. Some traders interpret this as a defensive play amid uncertain market conditions.

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Bitcoin price hits $100,000: What’s driving the surge?

The latest rally can’t be pinned to just technicals. Broader macroeconomic and political developments are shaping investor sentiment. A rumored trade deal between the United States and the United Kingdom, hinted at by Donald Trump on Truth Social, added to the bullish tone.

Furthermore, investors are drawing parallels between Bitcoin and traditional hedging assets like gold. With gold also performing well this year, Bitcoin is increasingly being seen as an economic hedge and a reliable store of value.

Institutional interest in Bitcoin has also remained strong. As more funds and family offices diversify into crypto, Bitcoin remains their first entry point. This adds credibility and liquidity to the asset, reinforcing its six-figure narrative.

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Why did the Bitcoin price hit $100,000 again?

Bitcoin surged past $100,000 due to a mix of political, macroeconomic, and institutional factors. A rumored US–UK trade deal hinted at by Donald Trump fueled speculation. Additionally, increased market dominance and strong interest from institutions further supported the rally. Investors also see Bitcoin as a hedge against inflation, similar to gold, which has performed well this year. All these elements contributed to renewed buying pressure and optimism across the market.

What does Bitcoin’s market dominance above 60% mean?

Bitcoin’s market dominance above 60% signals that more investors are moving capital into BTC compared to altcoins. This often reflects a flight to stability and safety in the crypto space. When dominance increases, altcoins typically see reduced trading volume and price movement. Historically, such dominance levels have aligned with major bull runs for Bitcoin, and they may signal a pause in altcoin momentum.

Can Bitcoin remain above $100,000 for long?

Sustaining $100,000 will depend on broader market sentiment, macro trends, and investor confidence. If institutional interest remains strong and global financial conditions support risk assets, Bitcoin could maintain or even exceed this level. However, short-term volatility is expected, especially around key economic news or political shifts. Traders will watch support levels closely for signs of consolidation or correction.

Is Bitcoin becoming a legitimate store of value?

Many investors are beginning to see Bitcoin as a serious long-term store of value. With gold also performing well this year, the parallel is stronger than ever. Bitcoin offers portability, limited supply, and resistance to inflation — all traits of a traditional economic hedge. While its volatility remains higher than that of gold, its use as a hedge in modern portfolios is gaining acceptance among both retail and institutional investors.

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