trending

Bitcoin Nears $100,000: Why BTC Is Sparking Global Excitement in 2025

Globexfeed

08 May 2025 — 3 min read

In a whirlwind of market frenzy, Bitcoin (BTC) has surged to the brink of $100,000 in May 2025, capturing the attention of investors, enthusiasts, and skeptics worldwide. Within the past 24 hours, BTC touched $99,434 on Coinbase, fueled by the Federal Reserve's latest rate decision and a broader risk-on sentiment. This historic rally, paired with altcoins like Ethereum and Solana soaring up to 8%, has reignited FOMO and debates about crypto’s future. Why is this milestone trending now, and what does it mean for the market? Let’s dive into the story behind Bitcoin’s breathtaking ascent.

00,000:-Why-BTC-Is-Sparking-Global-Excitement-in-2025.jpg" alt="Headline image for the blog post" style="width: 50%; max-width: 360px; height: auto; display: block; margin: 16px auto;" />

The Road to $100K: Bitcoin’s 2025 Bull Run

Bitcoin’s journey in 2025 has been a rollercoaster. Starting with a staggering peak of $109,000 in January, the cryptocurrency faced a brutal 30% slump to $74,000 by April, as reported by Finance Magnates. Yet, the post-halving cycle momentum, coupled with significant ETF inflows and macroeconomic optimism, triggered a remarkable recovery. By May, BTC was back in the $95,000+ range, proving once again why May historically delivers positive returns despite volatility.

Timeline of the Surge: Key Moments in the Past 48 Hours

The current hype around Bitcoin isn’t just random—it’s tied to pivotal events unfolding over the last two days. On May 7, 2025, the Federal Reserve announced it would hold interest rates steady while signaling potential easing, sparking a wave of risk-on market sentiment. Later that day at 23:47 ET, BTC shattered the $99,000 barrier for the first time since January, as noted by FingerLakes1. By May 8 at 8:00 UTC, Bitcoin was trading at $98,750, up 3.2% in 24 hours, while altcoins like Ethereum and Solana outpaced with gains of 5–8%, according to The Economic Times.

Voices from the Market: Hope and Caution

As Bitcoin inches closer to the psychological milestone of $100,000, experts and institutions are weighing in. Crypto analyst Michaël van de Poppe shared his optimism, stating,

Bitcoin approaching $100,000 while altcoins outperform signals a risk-on market. Traders should watch for breakout opportunities in high-cap altcoins.

as reported by Blockchain News. Meanwhile, the Federal Reserve’s statement provided a broader economic context, noting,

The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run.

This balance of crypto-specific optimism and cautious macroeconomic policy has intensified market reactions.

The Emotional Divide: FOMO vs. Skepticism

The looming $100,000 threshold for Bitcoin is more than a number—it’s a cultural battleground. Retail investors are gripped by FOMO, fueled by influencers hyping the milestone as a symbol of BTC’s transformation into 'digital gold.' At the same time, critics raise valid concerns about Bitcoin’s environmental impact and volatility, with some warning, Is this rally sustainable, or are we heading for another crash? The influence of figures like Elon Musk, whose past remarks have swayed prices, continues to deepen the divide between crypto enthusiasts and traditional finance skeptics, as highlighted in market sentiment analysis by Jobaaj Stories.

Conclusion

✔️ Bitcoin’s surge to nearly $100,000 in May 2025 marks a historic moment, driven by Federal Reserve policies and market optimism.
✔️ As FOMO and skepticism clash, the crypto world watches with bated breath—will BTC break the barrier, or will volatility strike again?