Bitcoin price breaks through the $100,000 mark: market frenzy or bubble crisis?

The price of Bitcoin reached a new high on May 9, 2025, breaking the $100,000 mark and reaching $103,055.24. This historic breakthrough has triggered a frenzy in the market, while also raising concerns among some investors about the possibility of a bubble risk. From the data, the 24-hour trading volume of Bitcoin reached $68,768,583,420.56, indicating the level of market enthusiasm. However, we need to calmly analyze the driving factors behind this price trend. First, the continued entry of institutional investors has provided strong buying support for Bitcoin. Secondly, the increase in global economic uncertainty has led to a rise in demand for Bitcoin as a hedging tool. Lastly, recent technological upgrades and the expansion of application scenarios for Bitcoin have also supported its value. Nevertheless, we must remain vigilant about potential price fluctuations in the short term, and investors should maintain rationality and manage risks.

The Web3 wave drives Bitcoin to rise rapidly: innovative applications and investment craze.

The rapid development of Web3 technology has had a significant impact on Bitcoin prices. With the rise of Web3 applications such as decentralized finance (DeFi), non-fungible tokens (NFTs), and the metaverse, the importance of Bitcoin as a foundational layer asset has become increasingly prominent. Data shows that the total value locked (TVL) in Web3-related projects has grown by 300% over the past year, directly driving demand for Bitcoin. Moreover, large tech companies and traditional financial institutions are actively entering the Web3 space, further raising market expectations for Bitcoin. For example, a well-known social media platform announced that it will support Bitcoin payments in its Web3 ecosystem, and this news immediately triggered a rise in Bitcoin prices. It is worth noting that the development of Web3 has also brought new application scenarios for Bitcoin, such as the widespread use of the Lightning Network, which significantly enhances the transaction efficiency and usability of Bitcoin. These factors have collectively driven a strong increase in Bitcoin's price trend today.

Conclusion

Bitcoin has broken through the $100,000 mark, highlighting its strong momentum as a digital asset. The booming development of Web3 technology brings new application scenarios and investment booms for Bitcoin. Investors should adopt a diversified strategy to balance risks and returns, seizing the growth opportunities in this round of the cryptocurrency market.

Risk Warning: The price of Bitcoin may experience significant corrections due to changes in regulatory policies or fluctuations in market sentiment. Investors should carefully assess their risk tolerance.