Bitcoin Just Smashed Through $100,000

Bitcoin just smashed through $100,000 for the first time in months, lighting a fire under the broader crypto market

Bitcoin just smashed through $100,000 for the first time in months, lighting a fire under the broader crypto market. But with volatility rising, presales like BTC Bull Token (BTCBULL) are quickly becoming a popular option for traders looking for exposure without the full risk of BTC price swings.

After hovering near $99,700, Bitcoin finally cracked the six-figure mark on the back of optimism around upcoming trade talks between the US and China, as well as market anticipation surrounding a mysterious UK-related announcement teased by President Trump. The breakout sent BTC soaring to over $101,000 – a level it hasn’t seen since early February.

What made the move even more dramatic was the broader context: just weeks ago, Bitcoin was flirting with $75,000 amid heightened tariff tensions. Now, the sentiment has reversed and with it, trading positions.

According to data from CoinGlass, more than 140,000 traders were liquidated on 8th May, with nearly $580 million wiped out – most of it from short positions. That kind of market shakeout usually signals a major shift in momentum and Bitcoin’s climb seems to have dragged the entire altcoin space with it.

PEPE, SUI and even meme favourites like FARTCOIN posted 20–25% daily gains, while newer names like VIRTUAL and PENGU led the altcoin charge with spikes of 30% or more. Ethereum also crossed the $2,000 mark for the first time in over a month.

This breakout isn’t just about price – it’s about a renewed sense of belief. Bitcoin’s realised cap just hit a new all-time high, a technical sign that long-term holders are in profit and willing to hold.

For many retail investors priced out of full Bitcoin exposure, a different kind of asset is gathering momentum: altcoins that mirror Bitcoin’s trajectory – with added upside.

Why Traders Are Watching BTC Bull Token

Enter BTC Bull Token ($BTCBULL), a new Ethereum-based meme token that’s catching attention for one key reason: it allows holders to benefit from Bitcoin’s rise without needing to own BTC itself.

The idea is simple. Every time Bitcoin crosses key price milestones – $150K, $200K, $250K – BTCBULL holders receive Bitcoin airdrops. At the same time, supply is gradually reduced through token burns tied to other thresholds, like $125K and $175K.

The token has already raised over $5.2 million in its presale and while it might be small compared to BTC’s trillion-dollar market cap, it represents something broader: retail enthusiasm for second-order bets.

Galaxy Digital, Metaplanet and the Institutional Signal

The momentum behind BTCBULL doesn’t exist in a vacuum. It’s part of a much larger trend – the institutionalisation of crypto and the knock-on effects that have on the rest of the market.

Galaxy Digital’s Nasdaq debut, scheduled for May 16, is just the latest sign that traditional financial entities are embracing the digital asset world. CEO Mike Novogratz framed the move as “value-enhancing” for shareholders, but it also represents a bet on Bitcoin as a long-term macro hedge.

Meanwhile, Metaplanet – the Japanese tech firm now modelling its treasury strategy after Michael Saylor’s Strategy (formerly MicroStrategy) – announced plans to raise $250 million to grow its BTC holdings to 10,000. That puts it squarely in the top tier of corporate Bitcoin holders.

JOIN THE BTCBULL PRESALE TO QUALIFY FOR BITCOIN AIRDROPS

For retail, that kind of capital deployment isn’t accessible, but exposure to momentum plays like BTCBULL offers a more affordable – if speculative – path to participate in the upside.

From Bitcoin to the Bull: How Exposure Evolves

If Bitcoin’s six-digit surge has become the institutional game, then BTC Bull Token reflects how the retail side is evolving.

The project doesn’t rely on hype alone. Its model incentivises long-term holding and participation through milestone rewards and deflationary tokenomics. Importantly, those airdrops only activate if users hold their $BTCBULL in Best Wallet – a fast-growing non-custodial wallet with 250,000+ users.

This creates a direct link between Bitcoin’s success and retail engagement in a way few other projects do.

It’s a structure that resonates in moments like this – when BTC has broken resistance, but many traders remain cautious about entering at the top. BTCBULL offers a kind of levered exposure, without the complexities of options or perpetual contracts.

With other altcoins already rallying off the Bitcoin breakout, investors are once again scouring the presale landscape for asymmetric upside.

From Bubble