Bitcoin (BTC) Outperforms the S&P 500 and Nasdaq Futures

President Trump's announcement of a major trade deal that's

President Trump’s announcement of a major trade deal that’s set to take place on May 8th and become the first in a series of many has energized investor interest in stocks and cryptocurrencies.

Following the president’s post on Truth Social, S&P 500 went up by 0.78%, Nasdaq futures by 1.09%, while Bitcoin (BTC) outperformed them both, growing by nearly 3% between May 7th and 8th.

Bitcoin reached its previous all-time high (ATH) amid Trump’s inauguration on January 20th, and it touched the $100,000 mark again today as British and US officials hint that the first trade deal may be signed with the UK.

As Bitcoin gains momentum, altcoins are also following suit, with the likes of Solana, Ethereum, and many meme coins seeing strong gains today. Let’s take a look at four tokens that could capitalize on the bullish sentiment this month.

Hedera (HBAR)

Hedera stands out as a next-gen ledger platform that utilizes its unique hashgraph consensus to achieve rapid and scalable transaction processing, boasting up to 10,000 transactions per second and achieving finality in just three to five seconds.

As the network’s native token, HBAR fuels and secures the network, as it is used as a payment method for network services.

Plus, Hedera is led by a council of up to 39 organizations, currently including Google, IBM, and Dell among others, which has allowed it to secure strategic partnerships with tech giants like NVIDIA, boosting its visibility.

Technical analyst Crypto General, who accurately predicted a slight dip in HBAR’s value over the first week of May, believes the token is now in an excellent position for further growth.

$HBAR, a perfect retest and bounce l. Price is looking strong and a good momentum move is expected in the coming days. The target I am eyeing is no less than $2.

The analyst expects HBAR to reach $2 by November, with its Relative Strength Index (RSI) back to neutral territory and bullish momentum building as demand returns.

BTC Bull Token (BTCBULL)

Bitcoin’s surge has put a spotlight on BTC Bull Token, a project that’s still in its presale phase and revolves around rewarding its community based on Bitcoin’s performance.

Analyzing the project’s tokenomics and roadmap shows that BTCBULL’s developers are confident BTC can reach $250,000, and that they’ve prepared several rewards for those sharing their view.

The token is designed to amplify the gains of each holder during Bitcoin bull runs, with a total of 15% of the BTCBULL supply set aside to be burned as Bitcoin grows in value, and BTC and BTCBULL airdrops already scheduled.

Jacob Crypto Bury, a popular presale analyst, believes BTCBULL’s unique approach to the market could result in a 10x surge for the token, especially as Bitcoin shows increasing growth potential.

The expert advises his audience to enter the presale while the BTC Bull Token per-token price, currently at $0.0025, is low, as it will only increase as the presale raises funds and time passes.

Immutable (IMX)

Immutable is quickly becoming a cornerstone of Web3 gaming with its Layer 2 scaling solution for Ethereum that’s built for NFTs and blockchain gaming with gas-free transactions, instant trade confirmations, and numerous other features that are beneficial for high-volume gaming environments.

Plus, its zkEVM, which combines Ethereum Virtual Machine (EVM) with zk-rollups, opens the door to a plethora of decentralized apps and games.

As the merge of the two components nears, scheduled for late 2025 according to the project’s developers, IMX is growing in popularity, with a 50% surge over the past 30 days. The token’s price skyrocketed when the project revealed its partnership with Ubisoft to launch a new Might & Magic game.

Crypto expert Lucky believes IMX is ready for a surge above the $2 mark following its breakout from a prolonged “Falling Wedge” pattern, which was followed by a healthy correction.

Calling Immutable the “infrastructure of crypto gaming,” he expects IMX to achieve massive gains by the end of summer.

AIOZ Network (AIOZ)

AIOZ is the native token of the AIOZ Network, which seeks to merge decentralized storage, AI computation, media streaming, and more components into a single ecosystem.

The network’s users can earn AIOZ tokens by lending their unused computational resources, such as CPU, GPU, and storage, to support the network. The token’s central role in the AIOZ ecosystem also provides holders with governance rights and is used for staking.

Launched in 2021