What drives Bitcoin price recovery rate exceeding $100,000, is this sustainable?
Bitcoin is The above transaction Never left the psychological value of $100,000 price level. After months of decline, the leading cryptocurrency has recovered $100,000 for the first time since January, and the cryptocurrency’s fear and greed index is now back on the threshold of greed.
Interestingly, this time, the Bitcoin advantage is above the 60% threshold. This is the first time that Bitcoin’s advantage has broken over $100,000 and is so advantageous in the market that it has put weight on the sustainability of the current rally.
Bitcoin’s price fell again by $100,000, but this time the market looks different
After a few weeks of price stagnation and market hesitation, Bitcoin’s return rate is above the $100,000 level, injecting new energy into the wider crypto market. After a phase of correction and lateral movement, the leading cryptocurrency has now managed to clear several resistance areas over the past week, Although there is more to wait A new high above $109,000 can be established before a new all-time high.
It is easy to assume that the live Bitcoin ETF is responsible for the current rally, but the data suggests. Inflow into these ETFs Over the past two days, an average of only $129 million was made, a relatively small number, while Bitcoin saw more than $700 million inflows per day during its last pitch in January. The current surge is not provided by ETF activity, but The combination of macroeconomic development Market-specific changes have been integrated over the past few weeks to support the upward price momentum.
An important contributor Improved mood It is the US-UK trade agreement announced on May 8, 2025. President Donald Trump and Prime Minister Keir Starmer have proposed a new deal that keeps the U.S. 10% tariff on UK imports intact, while the U.S. lowers its own tariffs to 1.8% and expands access to U.S. goods. The agreement has increased investors’ anxiety. Fear of tariff escalation had previously cut bitcoin to $74,000 in early April. Now, as tensions ease, capital is returning to risky assets, giving Bitcoin a boost at a critical moment.
Is BTC’s rally more than $100,000 to sustainably?
Compared with the previous six figures, this rally unfolded under significantly different market conditions. One of the most obvious differences is the dominance of Bitcoin, which is now above 60%.
This level of domination shows that under price action, stronger structural support. As crypto analyst Rekt Capital pointed out It’s possible Over time, the Bitcoin advantage will continue to reach 71%.
On-chain data further strengthens the sustainability of the current gathering. The exchange balance has It has been down for a while,have Causes the current upward trend. This trend and Stablecoins flow into exchange, Usually before the purchase event.
At the time of writing, Bitcoin is trading at $102,900 and its intraday high is $103,890. That puts it 5.7% from retrieving its all-time high of $108,780 in January. According to the glass section data, about 3 million BTC has Return to profit status Between the $74,000 low in April and the current price action.
Featured images from Pixabay, charts from TradingView.com
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