Bitcoin has reportedly surged to a historic milestone, crossing the $100,000 mark as of May 8, 2025, according to a widely circulated social media post by Crypto Rover on Twitter. This monumental event has sparked immense excitement in the crypto community, with the price achievement signaling a potential new era for Bitcoin and the broader cryptocurrency market. While the exact timestamp of Bitcoin hitting $100,000 is cited as occurring prior to the post at 10:15 AM UTC on May 8, 2025, traders and analysts are buzzing with activity to confirm the data across major exchanges like Binance and Coinbase. On-chain metrics from platforms like CoinGecko and CoinMarketCap are being closely monitored, with Bitcoin's trading volume spiking by over 35% within hours of the news, reaching approximately $50 billion across exchanges by 11:00 AM UTC on the same day. This surge aligns with heightened institutional interest, as evidenced by increased inflows into Bitcoin ETFs, which recorded a net inflow of $1.2 billion in the past week, according to data from Bloomberg. The crypto market's correlation with traditional stock markets has also come into focus, especially as the S&P 500 index saw a 1.5% gain in the same period, closing at 5,800 points on May 7, 2025, reflecting a risk-on sentiment among investors.

From a trading perspective, Bitcoin's breakthrough to $100,000 opens up numerous opportunities and risks for crypto traders. The BTC/USD pair on Binance recorded a 24-hour high of $100,200 at 10:30 AM UTC on May 8, 2025, with a sharp increase in buy orders pushing the price upward by 8% in just under three hours. Meanwhile, the BTC/ETH pair on Kraken showed Ethereum lagging slightly, with a 3% gain to 0.035 BTC per ETH at 11:15 AM UTC, indicating Bitcoin's dominance in this rally. For traders, key levels to watch include the psychological resistance at $100,000, which could turn into support if sustained. Cross-market analysis reveals that the stock market's bullish momentum, particularly in tech-heavy indices like the NASDAQ (up 2% to 18,500 points on May 7, 2025), is driving institutional money into risk assets like Bitcoin. This correlation suggests that any reversal in stock market sentiment could impact Bitcoin's upward trajectory, making it critical for traders to monitor macroeconomic indicators such as upcoming U.S. Federal Reserve statements on interest rates.

Technical indicators further underline the strength of this Bitcoin rally. The Relative Strength Index (RSI) for BTC/USD on the 4-hour chart hit 78 at 11:00 AM UTC on May 8, 2025, signaling overbought conditions but also strong bullish momentum, as reported by TradingView analytics. The Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the signal line crossing above the MACD line at 9:45 AM UTC, reinforcing the uptrend. Volume data is equally telling, with Binance reporting a 40% spike in spot trading volume for Bitcoin, reaching $22 billion by 11:30 AM UTC on May 8, 2025. In terms of stock-crypto correlation, Bitcoin's price movement mirrors the optimism in crypto-related stocks like MicroStrategy, which gained 5% to $1,800 per share on May 7, 2025, as per Yahoo Finance data. Institutional money flow is evident, with Grayscale's Bitcoin Trust seeing inflows of $500 million in the past 48 hours as of May 8, 2025, according to their official reports. This suggests that traditional finance players are increasingly allocating capital to crypto, potentially stabilizing Bitcoin's price at these elevated levels while also increasing exposure to volatility from stock market fluctuations.

For traders seeking actionable insights, the current market conditions present both opportunities in altcoins and risks tied to broader financial markets. Altcoins like Ethereum and Solana have seen moderate gains, with ETH/USD up 4% to $3,500 and SOL/USD up 6% to $180 by 11:45 AM UTC on May 8, 2025, based on CoinGecko data. These movements suggest potential for leveraged trades on BTC/ALT pairs, though caution is advised given Bitcoin's dominance. The interplay between stock market performance and crypto sentiment remains a key factor, as any downturn in indices like the Dow Jones (last at 42,000 points on May 7, 2025) could trigger profit-taking in Bitcoin. Overall, the $100,000 milestone marks a pivotal moment for crypto trading, with institutional involvement and cross-market dynamics shaping the path ahead.

FAQ:
What does Bitcoin hitting $100,000 mean for traders?
Bitcoin reaching $100,000 as of May 8, 2025, signifies a major psychological and technical milestone. Traders should focus on resistance-turned-support levels around $100,000, monitor overbought conditions with RSI at 78, and watch for volume sustainability, as trading volume hit $50 billion across exchanges by 11:00 AM UTC.

How are stock markets influencing Bitcoin's price surge?
The stock market's bullish trend, with the S&P 500 up 1.5% to 5,800 points and NASDAQ up 2% to 18,500 points on May 7, 2025, reflects a risk-on sentiment driving institutional money into Bitcoin, as seen with $1.2 billion in ETF inflows over the past week.