Bitcoin Retakes $100k: Why Is BTC Up Today?
The first four months of the year have not been great for a host of global markets. However, this week saw the cryptocurrency sector undergo a massive shift. Indeed, for the first time since February, Bitcoin has retaken the $100k level, but why is BTC up so much today? The leading cryptocurrency isn’t alone. Specifically, Ethereum—the second largest crypto by market cap—has also broken through the $2,000 level in a key move upward. The overall response by traders appears to be rooted in a growing bullish sentiment, supported by notable geopolitical developments. JUST IN: $101,000 Bitcoin pic.twitter.com/CNPlYu7GCk — Watcher.Guru (@WatcherGuru) May 8, 2025 Also Read: Bernstein Predicts The Future Of Bitcoin (BTC) And Its Corporate Deployment Bitcoin Retakes $100,000 For 1st Time In Nearly Three Months On Thursday, Standard Chartered Bank digital asset head Geoffrey Kendrick made an interesting observation about his Bitcoin projection. Specifically, he apologized for his previous $...