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Cryptocurrency News Articles

Bitcoin (BTC) price breaks through $100,00, triggering a new bullish trend

May 11, 2025 at 03:47 pm

On Sunday, May 10, 2025, the crypto market was abuzz again after Bitcoin broke through the $103,900 level, signaling the beginning of a strengthening bullish trend.

Crypto market sentiment was upbeat again on Sunday as Bitcoin price broke through the $103,900 level, signaling the beginning of a strengthening bullish trend.

However, at least three altcoins soared over 20% in 24 hours.

Ether.fi (ETHFI) – Surged 37.22% in 24 Hours

The chart above shows the daily time span (1D) of the ether.fi (ETHFI) crypto from the CoinMarketCap website.

Currently, the price of ETHFI is at $1.12, with a massive increase of +37.22% in the last 24 hours. The price movement started from around $0.7814, where the price stagnated and dropped slightly at the beginning of the period, characterized by the red zone.

Then, starting in the early hours of May 11, there was a gradual and significant increase, which then jumped sharply to a peak around $1,293, before undergoing a slight correction and stabilizing above $1.10.

Among the fundamental data featuring this ether.fi price surge, we can highlight:

* Community sentiment was very positive with 87% of users being bullish, reflecting the high confidence in ETHFI as a potential asset, especially supported by the surge in trading volume and the growing momentum of its DeFi project.

Also read: Bitcoin reaches $102,000, these 5 Memecoins fly over 40%!

2. Maple Finance (SYRUP) – Up 23.05% in 24 Hours

The chart above displays the daily time span (1D) of the Maple Finance token (SYRUP) from the CoinMarketCap website.

Currently, the price of SYRUP is listed at $0.3124, having risen sharply by +23.05% in the last 24 hours. The price movement started from a low around $0.2523, then rose sharply and experienced some significant fluctuations throughout the day.

Although there was a dip, the price trend continued to show a consistent upward direction until it finally reached a daily high around $0.3124 towards the end of the trading session.

Supporting fundamental data shows:

* Community sentiment was very optimistic, with 89% of votes being bullish, reflecting high confidence in the performance and potential of the Maple Finance project.

* The price increase is also supported by positive news such as the listing of the SYRUP token on the Bitget exchange and the introduction of a new syrupUSDC-based yield strategy.

Read also: Pi Network predicted to surge 100% this week? Here are the 3 main reasons!

3. Hivemapper (HONEY) – Soared 22.45% in 24 Hours

The chart above shows the daily time span (1D) of the Hivemapper token (HONEY) from the CoinMarketCap website.

Currently, the price of HONEY is at $0.03378, registering a significant gain of +22.45% in the last 24 hours. The price movement started from a point around $0.02707, with a flat and stagnant movement until the early hours of the morning.

Starting at around 3:00 AM, the price surged sharply and peaked above $0.04, before correcting and stabilizing at around $0.033 towards the end of the session.

Fundamental information supporting this surge includes:

* Community sentiment was also very positive, with 84% of votes being bullish, signaling enthusiasm for the movement and potential of the Hivemapper project.

* The almost 9-fold surge in volume indicates high market activity and likely increased investor interest in the token.

Conclusion

Bitcoin’s price rise to $103,900 over the weekend was a positive catalyst for the crypto market, prompting altcoins such as ETHFI, SYRUP, and HONEY to jump more than 20% in a short period of time.

This surge reflects increasingly optimistic market sentiment and the potential for a continued rally at the start of the trading week.

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