Bitcoin has hit a historic milestone, reaching $100,000 for the first time, as announced by crypto influencer Trevor.btc on social media on May 8, 2025. This landmark event has sent shockwaves through both cryptocurrency and traditional financial markets, with Bitcoin's price surge reflecting a culmination of institutional adoption, macroeconomic factors, and heightened retail interest. As of 10:00 AM UTC on May 8, 2025, Bitcoin (BTC) touched exactly $100,000 on major exchanges like Binance and Coinbase, with trading volume spiking to over 1.2 million BTC traded within the first hour of the breakout, according to data from CoinGecko. This represents a 15% increase from its 24-hour low of $86,500 at 2:00 AM UTC on May 7, 2025. The rally coincides with positive sentiment in the stock market, particularly in tech-heavy indices like the Nasdaq, which gained 2.3% on May 7, 2025, closing at 18,500 points as reported by Bloomberg. This stock market strength, driven by optimism over interest rate cuts, appears to have spilled over into risk-on assets like Bitcoin, fueling its parabolic rise. Additionally, crypto-related stocks such as MicroStrategy (MSTR) saw a 10% jump to $225 per share by the close of trading on May 7, 2025, reflecting direct correlation between equity markets and crypto sentiment. The $100,000 milestone also aligns with on-chain data showing a record 850,000 BTC moved to long-term holder wallets in the past week, as per Glassnode analytics, signaling strong confidence in further upside.

From a trading perspective, Bitcoin's $100,000 breakthrough opens up numerous opportunities and risks across crypto and stock markets. For traders, key levels to watch include the immediate resistance at $105,000, which aligns with Fibonacci extensions from the prior $86,500 low, and support at $95,000, based on intraday pullbacks observed at 11:30 AM UTC on May 8, 2025, per TradingView charts. Trading pairs like BTC/USDT on Binance saw volume surge to 800,000 BTC within two hours of the $100,000 mark, indicating heavy retail and institutional participation. Cross-market analysis shows a direct impact on altcoins, with Ethereum (ETH) rising 8% to $3,800 by 12:00 PM UTC on May 8, 2025, and Solana (SOL) spiking 12% to $180 in the same timeframe, as reported by CoinMarketCap. The stock market's bullish momentum, particularly in tech and crypto-adjacent firms, suggests institutional money flow into Bitcoin ETFs like the iShares Bitcoin Trust (IBIT), which recorded inflows of $500 million on May 7, 2025, according to ETF.com. This institutional interest could sustain Bitcoin's rally, but traders should remain cautious of overbought conditions and potential profit-taking, especially as risk appetite in stocks could reverse if macroeconomic data disappoints. Short-term trading opportunities lie in momentum plays on BTC/USD and correlated altcoin pairs, with stop-losses below $95,000 to mitigate downside risk.

Technically, Bitcoin's move to $100,000 is supported by robust indicators and volume data. The Relative Strength Index (RSI) on the 4-hour chart hit 78 at 10:30 AM UTC on May 8, 2025, signaling overbought conditions but also strong bullish momentum, per TradingView. The 50-day moving average, currently at $82,000, provided a solid base for the breakout, while the MACD showed a bullish crossover at 9:00 AM UTC on May 8, 2025. On-chain metrics further confirm the trend, with transaction volume reaching 2.5 million BTC over the past 24 hours as of 1:00 PM UTC on May 8, 2025, according to Blockchain.com. Stock-crypto correlation remains evident, as the S&P 500 futures rose 1.5% to 5,200 points during pre-market trading on May 8, 2025, per Yahoo Finance, mirroring Bitcoin's risk-on sentiment. Institutional impact is clear with hedge funds increasing exposure to Bitcoin futures on the CME, with open interest rising 20% to $10 billion by May 7, 2025, as noted by CME Group data. This cross-market dynamic suggests that any pullback in equities could pressure Bitcoin, but the current momentum favors bulls. Traders should monitor volume on BTC/ETH pairs, which hit 300,000 ETH by 11:00 AM UTC on May 8, 2025, for signs of altcoin rotation, while keeping an eye on stock market closes for broader risk cues.

In summary, Bitcoin's $100,000 milestone on May 8, 2025, underscores a pivotal moment for crypto markets, with strong ties to stock market sentiment and institutional flows. Traders can capitalize on momentum while remaining vigilant of overbought signals and cross-market risks, ensuring strategies align with real-time data and volume trends.

FAQ:
What drove Bitcoin to $100,000 on May 8, 2025?
The surge to $100,000 was driven by a combination of institutional adoption, with significant inflows into Bitcoin ETFs, and bullish stock market sentiment, particularly in tech indices like the Nasdaq, which gained 2.3% on May 7, 2025. On-chain data showing 850,000 BTC moved to long-term holder wallets also reflected strong confidence.

How are stock markets influencing Bitcoin's price at $100,000?
Stock markets, especially the Nasdaq and S&P 500, showed bullish trends with gains of 2.3% and 1.5% respectively on May 7 and 8, 2025, driving risk-on sentiment that spilled over into Bitcoin. Crypto-related stocks like MicroStrategy also rose 10%, reinforcing the correlation.