Bitcoin expanded the bullish streak on Thursday, which temporarily crossed $ 97,000 for the first time since February 2025, which has been strengthened by a flow to institutional flows and a desirable macroeconomic development. The rally has increased greater emotion throughout the cryptocurrency market, with a total market capitalization of 1.5% rising around $ 3.01 trillion.
The positive market momentum can be found in major digital assets, including Ethereum (ETH), Cardano (ADA), and Litecoin (LTC) posting moderate acquisitions. However, the performance in the top-20 cryptocurrencies remained mixed, revealing a more careful but chosen bullish mindset of the investor.
Crypto Market Snapshot: Top Movers
In the past 24 hours, Bitcoin rose 1.89%, trading at $ 96,696 until Friday morning in Asia. Ethereum followed a 1.32% gain to reach $ 1,831. Among the top 20 assets by Market Cap, Litecoin led earners with an increase of 4.93%, followed by Dogecoin (+3.14%) and Cardano (+3.08%). On the downside, BNB (–0.37%) and Tron (–0.77%) were slightly slipped.
Stablecoins such as Tether (USDT) and USD Coin (USDC) have remained stable, reflecting investor demand for liquidity as an increase in volatility.
Bitcoin’s Resurrection: A Confluence of Catalysts
Bitcoin’s pushing towards a psychological $ 100,000 level has been a series of bullish developments, especially in institutional space. According to data from the Farside Investor, listed areas listed in the US have seen $ 422.5 million in net inflows on May 1-the highest daily flows since March. Blackrock’s Ibit ETF only contributed $ 2.45 billion in April, costing more than 80% of Bitcoin ETF Net Inflows last month.
The technical momentum also strengthened. Bitcoin violates the main resistance to $ 95,000, which triggers automatic purchases and brief destruction. Today’s analysts are viewing $ 100,000 as the next test, with support firmly anchored around $ 93,000 to $ 95,000.
Macro Tailwinds: Rate Cuts and Trade Relief
Macroeconomic indicators also play an important role in the recent Bitcoin climbing. Soft US economic data -including a slowdown in manufacturing and a moderate outbreak of unemployment claims -has been strengthened that the Federal Reserve can begin to cut interest rates in the second half of 2025. The lower interest rates are in favor of the ownership of the risk, including cryptocurrencies.
With a further strengthening the regional sentiment, the US completed a series of trade agreements with major economies, including India, aimed at relieving tariffs and reducing geopolitical tensions. Easing trade adventures pushed a broad rally-based equities and digital assets.
“The global digital asset market has witnessed a wave of positive momentum as macroeconomic conditions surrounding financial markets,” said Shivam Thakral, CEO of Buyyucoin. “The BTC has climbed above the $ 97,000 mark, and with the current momentum maintaining, Bitcoin can survive the $ 100k mark in the coming weeks.”
Accelerate the accumulation of institutional
Microstrategy and metaplanet, among the most popular corporate holders, have continued to accumulate aggressively in recent weeks. Microstrategy, which holds more than 214,000 BTC, recently filed to raise an additional $ 700 million in the changing notes to fund additional Bitcoin purchases. Meanwhile.
Such motions reflect the growing belief in the wealth that Bitcoin is not only an imaginary owner but a long-term value store, similar to digital gold. As the institution’s portfolios vary from BTC, the supply to the exchanges continues to retreat, creating additional upward price pressure.
Bitcoin has been around 28% since April 2025 low near $ 75,000, since the updated demand from both retail and institutional players releases bullish momentum.
Those who are equally us higher as fed bets mount
The cryptocurrency rally coincides with those acquired in the traditional market. On May 2, the US stock market closed higher, driven by expectations that the federal reserve cycle could sink. The S&P 500 rose 1.1%, the NASDAQ composite gained 1.3%, and the average industry of Dow Jones had risen to 0.9%.
Investors are encouraged by bad comments from Fed and Tepid economic data, including weaker factory orders and a slowing construction expenditure. The yields in the US boxes fell, supporting the case for rates in the upcoming residences.
Specialist Gets: Is BTC prepared for a breakout or caution ahead?
“Bitcoin’s break above $ 97,000 is significant, but without continuing ETF flow and strong MacRO support, it can deal with short-term integration,” said the analyst team at Alexablockchain. “We see a resistance to around $ 97,300, a level that aligns on the average cost of the expensive holders. A breakout of over $ 100,000 will require stronger beliefs from both markets and market derivatives.”
Market data options show neutral skews and low premiums, suggesting that traders have not yet prices in extreme volatility in the short term. However, the build-up in open interest in the call options above the $ 100,000 signal growing expectations for a major reversed breakout.
Looking forward: The Bitcoin as a portfolio portfolio
As the lines between traditional finances and crypto continue to fade, Bitcoin’s role as a portfolio staple appears to be further strengthened. A growing number of fence funds, pension funds, and family offices provides BTC -not for fast acquisitions but for structural variety.
The emergence of regulated ETF products and clearer tax guidelines in major markets such as the US, Singapore, and Germany makes it easier for traditional investors to gain exposure. Moreover, Bitcoin’s fixed supply and decentralized architecture were viewed as a fence against inflation, debt risks, and geopolitical uncertainty.
“Bitcoin is becoming an integral part of retail and institutional portfolios,” Thakral added. “We can witness another major rally this year that has retired in the past high time.”
With a strong basis, stable institutional demand, and improving macro conditions, Bitcoin seems to be properly positioned to test $ 100,000 in the coming weeks. If it can maintain a breakout or face to earn income depends on the continuous alignment of market structure, emotion, and policy developments.
The crypto market enters a pivotal phase, where the coherence of macroeconomic relief, institutional support, and technical strength is the setting of the stage for a potentially historical operation. Bitcoin’s flirting with the six figure mark is no longer a question, but when-and if the broader crypto ecosystem is ready to achieve that momentum will shape the narrative for the rest of 2025.
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