{"id":5866,"date":"2025-05-08T13:30:00","date_gmt":"2025-05-08T12:30:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=5866"},"modified":"2025-05-08T11:49:18","modified_gmt":"2025-05-08T10:49:18","slug":"bitcoin-price-surge-reasons","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-price-surge-reasons\/","title":{"rendered":"Why Is Bitcoin (BTC) Skyrocketing Today ? Key Drivers Revealed"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"bitcoin-surges-after-trumps-announcement\">Bitcoin Surges After Trump&#8217;s Announcement<\/h2>\n\n\n\n<p>The <strong><a href=\"https:\/\/investx.fr\/en\/crypto-investing\/buy\/bitcoin\/\">Bitcoin<\/a><\/strong> has experienced a dramatic surge in the past few hours, rising from <strong>$95,700<\/strong> to nearly <strong>$100,000<\/strong> in just eight hours. This sudden spike follows an enigmatic statement from <a href=\"https:\/\/investx.fr\/en\/crypto-news\/donald-trump-impact-cryptocurrency-crypto-market\/\">Donald Trump<\/a>, hinting at a <strong>&#8220;major announcement&#8221;<\/strong> scheduled for May 8.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">trump the best KOL in the world. dev has a bullish announcement tomorrow \ud83d\ude80 \ud83d\ude80 \ud83d\ude80 <a href=\"https:\/\/t.co\/kmCgdVEIq4\">pic.twitter.com\/kmCgdVEIq4<\/a><\/p>&mdash; threadguy (@notthreadguy) <a href=\"https:\/\/twitter.com\/notthreadguy\/status\/1920283211747254301?ref_src=twsrc%5Etfw\">May 8, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Bitcoin is currently trading at <strong>$99,100<\/strong>, up by <strong>2.73%<\/strong> over the last 24 hours, hitting a peak of <strong>$99,401<\/strong> on May 8. This surge is directly attributed to Trump&#8217;s announcement hinting at a major trade deal with an <strong>&#8220;important and highly respected&#8221; country.<\/strong><\/p>\n\n\n\n<p>Despite the macroeconomic pressure and Trump&#8217;s trade war, Bitcoin has rebounded by <strong>1.38%<\/strong> in early Asian trading session. This upturn can be explained by significant fund inflows observed in the past two weeks into physical <strong>Bitcoin ETFs<\/strong>, surpassing <strong>$3 billion.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"bitcoin-nearing-the-100000-threshold\">Bitcoin Nearing the $100,000 Threshold ?<\/h2>\n\n\n\n<p>Although the <strong>Bitcoin <\/strong>surged from <strong>$95.7k to $99.4k<\/strong> in just eight hours, it seems to encounter a new resistance at <strong>$99,450.<\/strong> Some market participants believe that this sudden rally could be an anticipation of Trump&#8217;s announcement, followed by a wave of profit-taking and &#8220;<strong>sell the news<\/strong>.&#8221;<\/p>\n\n\n\n<p>Uncertainty remains regarding a sustained consolidation of Bitcoin above the symbolic <strong>$100,000<\/strong> mark. The volatility induced by this announcement could indeed lead to a rapid <strong>retest<\/strong> of this level, but buyers will need to defend it successfully to hope for a lasting upward trend.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"768\" height=\"524\" src=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/05\/BTCUSD_2025-05-08_09-41-58-768x524.jpg.webp\" alt=\"Bitcoin price in 4H btc\" class=\"wp-image-5891\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/05\/BTCUSD_2025-05-08_09-41-58-768x524.jpg.webp 768w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/05\/BTCUSD_2025-05-08_09-41-58-768x524.jpg-300x205.webp 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/div>\n\n\n<p>From a chart perspective, the FBB indicates that <a href=\"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-btc-break-all-time-high-2025\/\">Bitcoin<\/a> might reach $100,000 in the next few hours, with a resistance zone between <strong>$100,500 and $102,000.<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"454\" src=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/05\/Capture-decran-2025-05-08-a-09.43.30-1024x454.jpg.webp\" alt=\"liquidations chart\" class=\"wp-image-5893\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/05\/Capture-decran-2025-05-08-a-09.43.30-1024x454.jpg.webp 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/05\/Capture-decran-2025-05-08-a-09.43.30-1024x454.jpg-300x133.webp 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/05\/Capture-decran-2025-05-08-a-09.43.30-1024x454.jpg-768x341.webp 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: CoinGlass<\/figcaption><\/figure>\n<\/div>\n\n\n<p>However, Binance&#8217;s liquidations map over the last 7 days shows a <strong>dominance of long positions.<\/strong> This could trigger a sharp drop leading to a long squeeze later on.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Whales are shorting <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> on <a href=\"https:\/\/twitter.com\/hashtag\/HyperLiquid?src=hash&amp;ref_src=twsrc%5Etfw\">#HyperLiquid<\/a>.<br><br>Whale 1: Deposited $5.58M <a href=\"https:\/\/twitter.com\/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$USDC<\/a> for a 40x leveraged short, valued over $70M, with a floating loss of $891K.<a href=\"https:\/\/t.co\/TxSBavQKEc\">https:\/\/t.co\/TxSBavQKEc<\/a><br><br>Whale 2: Deposited $4.9M <a href=\"https:\/\/twitter.com\/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$USDC<\/a> for an 11x leveraged short, valued over $56M, with a floating loss of\u2026 <a href=\"https:\/\/t.co\/R19PhVMaHP\">pic.twitter.com\/R19PhVMaHP<\/a><\/p>&mdash; Onchain Lens (@OnchainLens) <a href=\"https:\/\/twitter.com\/OnchainLens\/status\/1919917662110679053?ref_src=twsrc%5Etfw\">May 7, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Moreover, several <a href=\"https:\/\/investx.fr\/en\/crypto-investing\/exchange\/hyperliquid\/\">Hyperliquid<\/a> whales have shorted BTC by over <strong>$60 million<\/strong>, prompting some to once again cry foul of &#8220;insider trading.&#8221; Clearly, volatility will continue to be present and prevalent today.<\/p>\n\n\n\n<p>As we await Trump&#8217;s announcement, forecasts on <a href=\"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-inflation-hedge-2025-btc\/\">Bitcoin&#8217;s price<\/a> trend remain neutral, <strong>without a clear<\/strong> bullish or bearish bias. Analysts recommend closely monitoring the upcoming hours, which should provide crucial insights into the market direction.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/investx.fr\/en\/visit-weex\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Weex : Earn 50 USDT with a few clicks !<\/a><\/div>\n<\/div>\n\n\n\n<p>More on this topic :<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/psg-token-drop-after-champions-league-win\/\">PSG Fan Token Drops 16% : Even After Champions League Win !<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/pi-network-binance-listing-rumors\/\">Pi Network (PI) Rumors Heat Up : Is a Binance Listing Imminent ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/ethereum-pectra-upgrade-launch\/\">Ethereum\u2019s Pectra Update Goes Live : What\u2019s New ?<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin skyrockets, nearing $100,000 following a mysterious announcement by Donald Trump regarding a significant trade deal. With massive inflows into Bitcoin ETFs driving this surge, concerns arise about a potential consolidation above this symbolic threshold. In a volatile market, the next few hours will be crucial to predict the trend.<\/p>\n","protected":false},"author":32,"featured_media":5864,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[12,10],"tags":[],"class_list":["post-5866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Is Surging Today : Here\u2019s What\u2019s Behind It<\/title>\n<meta name=\"description\" content=\"Bitcoin is skyrocketing : discover the major factors fueling today\u2019s price surge and what it means next for the crypto market\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-price-surge-reasons\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Is Surging Today : Here\u2019s What\u2019s Behind It\" \/>\n<meta property=\"og:description\" content=\"Bitcoin is skyrocketing : discover the major factors fueling today\u2019s price surge and what it means next for the crypto market\" \/>\n<meta property=\"og:site_name\" content=\"InvestX \u2013 Crypto News, Trading Guide, Price Analysis &amp; Forecasts\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-08T12:30:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/05\/cover-Bitcoinfile.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"840\" \/>\n\t<meta property=\"og:image:height\" content=\"560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Charles Ledoux\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@charl3li\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Charles Ledoux\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/investx.fr\\\/en\\\/crypto-news\\\/bitcoin-price-surge-reasons\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/investx.fr\\\/en\\\/crypto-news\\\/bitcoin-price-surge-reasons\\\/\"},\"author\":{\"name\":\"Charles Ledoux\",\"@id\":\"https:\\\/\\\/investx.fr\\\/en\\\/#\\\/schema\\\/person\\\/a99817b9d097ee5a69e24946de94c23a\"},\"headline\":\"Why Is Bitcoin (BTC) Skyrocketing Today ? 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Je suis \u00e9galement form\u00e9 au trading et \u00e0 l\u2019analyse technique depuis plus d\u2019un an sur le march\u00e9 des cryptomonnaies, mais \u00e9galement sur le forex et les m\u00e9taux pr\u00e9cieux comme l\u2019or ou le silver. J\u2019ai obtenu un dipl\u00f4me de la Crypto Academy sur les fondamentaux techniques du Bitcoin et poss\u00e8de une exp\u00e9rience de plus de 5 ans dans le journalisme et l\u2019\u00e9criture d\u2019articles p\u00e9dagogiques. J\u2019ai notamment \u00e9crit de nombreuses masterclass pour \u00e9duquer les nouveaux venus dans l'industrie et plus de 10 000 articles et news.J\u2019ai \u00e9galement pu interviewer de nombreux fondateurs et cr\u00e9ateurs de projets dans la crypto comme Marc Lebreton (chef marketing de la blockchain SUI), EJ Ayala (Coinbase US et Draftkings), et d\u2019autres projets comme Polyhedra (Eric Vreeland), Usual (Adli Takkal Bataille), ou encore Humanity Protocol (Jade Gu). J\u2019ai plong\u00e9 dans la cryptomonnaie il y a plus de 3 ans et continue de mettre tout en \u0153uvre pour fournir du contenu de qualit\u00e9, avec de l\u2019expertise et la neutralit\u00e9 attendue d\u2019un journaliste. Retrouvez moi aussi sur X pour des analyses et sur Linkedin pour me contacter.","sameAs":["https:\/\/www.linkedin.com\/in\/charles-ledoux-508392239\/","https:\/\/x.com\/charl3li"],"url":"https:\/\/investx.fr\/en\/author\/charles-ledoux\/"}]}},"_links":{"self":[{"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/posts\/5866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/comments?post=5866"}],"version-history":[{"count":4,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/posts\/5866\/revisions"}],"predecessor-version":[{"id":5897,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/posts\/5866\/revisions\/5897"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/media\/5864"}],"wp:attachment":[{"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/media?parent=5866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/categories?post=5866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/tags?post=5866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}