Home / Money / Bitcoin nears $104K as...

Bitcoin nears $104K as crypto markets surge on risk-on sentiment

Beijing, China
May 10, 2025 0 Positive I want to start investing or grow my portfolio
Bitcoin nears $104K as crypto markets surge on risk-on sentiment
Bitcoin is close to hitting $104,000 again, signaling renewed optimism in the cryptocurrency market. Several altcoins like Dogecoin and Ether also saw gains, buoyed by favorable macro conditions and legislative moves. Traders say improving economic sentiment, plus pro-crypto developments in select U.S. states, helped spark the rally. Volatility remains high, yet crypto enthusiasts see this as a clear sign of confidence returning.
What this means for you:
If you’re investing in crypto, ensure you understand the risks and have a diversified portfolio.
Keep an eye on new regulations or state-level approvals that could impact market access.
If you’re uncertain, consider dollar-cost averaging or consulting a certified financial planner.

Key Entities

  • Bitcoin: The first and most widely held cryptocurrency, created in 2009, known for its decentralized blockchain network.
  • Ethereum (Ether): A popular blockchain platform with its own native currency, pioneering smart contracts and decentralized apps.
  • Dogecoin: A meme-based cryptocurrency that has gained a devoted following, often seeing spikes from social media buzz.
  • New Hampshire and Arizona (US states): Both passed bills allowing state-held crypto reserves, which signals growing institutional acceptance.

Want to dive deeper?

We've prepared an in-depth analysis of this story with additional context and background.

Featuring Our Experts' Perspectives in an easy-to-read format.

Future Snapshot

See how this story could impact your life in the coming months

Sign In to Generate

Exclusive Member Feature

Create a free account to access personalized Future Snapshots

Future Snapshots show you personalized visions of how insights from this story could positively impact your life in the next 6-12 months.

  • Tailored to your life indicators
  • Clear next steps and action items
  • Save snapshots to your profile

Related Roadmaps

Explore step-by-step guides related to this story, designed to help you apply this knowledge in your life.

Loading roadmaps...

Please wait while we find relevant roadmaps for you.

Your Opinion

Are you more likely to invest in crypto when prices are rising?

Your feedback helps us improve our content.

Comments (0)

Add your comment

Commenting as Guest

No comments yet. Be the first to share your thoughts!

Related Stories

Markets Tumble After Trump Threatens 50% Tariff on EU Imports
Money

Markets Tumble After Trump Threatens 50% Tariff on EU Imports

No bias data

Washington, D.C.: President Trump’s vow of a sweeping 50% tariff on all EU imports shook financial markets, with the S&P 500 off 2.6% this week...

May 28, 2025 09:41 PM Negative
Capital One Finalizes $35 Billion Discover Purchase
Money

Capital One Finalizes $35 Billion Discover Purchase

No bias data

McLean, Virginia: Capital One completed a $35 billion takeover of Discover Financial Services, forming the largest U.S. credit card issuer by loan...

May 28, 2025 09:41 PM Neutral
MarketWatch Moneyist: Powerwashing Boyfriend Ignites Family Finance Debate Over Unspoken Expectations
Money

MarketWatch Moneyist: Powerwashing Boyfriend Ignites Family Finance Debate Over Unspoken Expectations

L 0% · C 100% · R 0%

Suburban USA: A homeowner felt blindsided when her daughter’s boyfriend, who offered to powerwash a section of her house while visiting, later...

May 28, 2025 09:38 PM Neutral