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Cryptocurrency News Articles

Bitcoin Nears $100K as State Investment Bills Fuel Institutional Optimism

May 09, 2025 at 02:30 am

Bitcoin is currently trading at $96,716, gaining over 2.2% in the past 24 hours. The intraday range spans from $94,302 to $97,513.

Bitcoin’s climb toward $100,000, Ethereum’s pending upgrade, and Solana’s ecosystem growth all paint a bullish Q2 outlook. But amid these top-tier moves, one project is generating more than just momentum. Web3Bay is building a utility you can actually use. While BTC and ETH are driven by macro trends and future upgrades, Web3Bay is live, rewarding users in real time.

In contrast to the apex coins, which are fueling a broader shift toward mainstream adoption, Web3Bay delivers immediate utility with its decentralized e-commerce platform. Paying with the 3BAY token unlocks a 5 percent discount and grants access to daily token bonuses, turning every purchase into a wealth-building opportunity. Having already raised $1.8M and reached Stage 5 pricing at $0.005247, early backers are eyeing a final stage price of $0.1959 for a potential 6,430% ROI.

Bitcoin Price Nears $100K as State Investment Bills Fuel Institutional Optimism

Bitcoin is currently trading at $96,716, showing a gain of over 2.2% in the past 24 hours. The intraday range spans from $94,302 to $97,513. Recent momentum is fueled by a major political shift: New Hampshire passed a bill permitting the state to allocate up to 5% of its funds in Bitcoin, signaling growing mainstream adoption.

Additionally, optimism from renewed U.S.-China trade talks provides macroeconomic tailwinds for BTC. On-chain data shows a surge in long-term holder activity, indicating confidence in higher price targets.

Analysts now forecast a mid-2025 price range between $120,000 and $210,000, depending on ETF inflows and institutional traction. Bitcoin’s dominance remains above 53%, reinforcing its position as the market anchor.

Ethereum Eyes $2,150 as Pectra Upgrade Set to Slash Transaction Costs

Ethereum is currently priced at $1,810, showing a 2.29% 24-hour gain and reaching as high as $1,845. This recent rally is driven by anticipation around the upcoming Pectra upgrade, which is expected to go live by May 7.

This upgrade is designed to optimize gas usage and improve overall network efficiency, which could have lasting impacts on Ethereum’s scalability. Market analysts believe that the success of this upgrade could push Ethereum above $2,000 quickly, with projections ranging from $2,150 to $2,300 this quarter.

Institutions have been flowing heavily into Ethereum, with ETFs reporting over $64 million in weekly deposits. The total value locked (TVL) in DeFi on Ethereum remains high at $55 billion, showcasing the chain’s dominant role in smart contracts and decentralized finance.

Solana Builds for Breakout as Stablecoin Surge Signals Deepening Ecosystem

Solana (SOL) trades at $145.76, up 1.74% over the last 24 hours, with the day’s range between $142.52 and $149.25. What’s notable is the unprecedented growth in stablecoin supply on Solana, now exceeding $13 billion.

This milestone signals institutional and retail trust in the network’s speed and cost efficiency. As a result, we're also seeing an uptick in DeFi volumes and NFT minting activity, positioning Solana as a viable high-speed alternative to Ethereum.

On the technical front, SOL remains above its 50-day moving average, and a breakout above $150 could set the stage for a retest of $180. According to Bollinger Bands analysis, if bullish sentiment prevails, SOL could reach a top of $238.90 in 2025.

Why Everyone Is Buying 3BAY in May Before the Price Soars

Web3Bay is quickly emerging as the top crypto pick for May 2025, thanks to its powerful combination of real-world use, token rewards, and surging presale momentum. While most projects rely on future promises, Web3Bay is already delivering value through a working decentralized marketplace where users get rewarded just for shopping.

Paying with the 3BAY token unlocks a 5 percent discount and grants access to daily crypto bonuses, turning every purchase into a wealth-building opportunity. Having raised over $1.8 million and sold more than 400 million tokens in Stage 5, buyers are racing to get in before the next price hike.

The final stage price is set at $0.1959, meaning

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Other articles published on May 09, 2025