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Bitcoin Bares Its Teeth as Market Turns Wild
Bitcoin is clawing toward $100K on multiple fronts, but caution persists under the surface. Ethereum breaks out, traders get liquidated, and LockBit hackers ironically get hacked.
Joe G & Money Talks
May 08, 2025 • Estimated Reading Time: 8 minutes
Ethereum Breaks Out Toward $3K — Momentum Builds
Bitcoin’s Realized Cap Hits $891B — Bull Cycle Incoming?
Trump Trade Deal Fuels $100K BTC Surge
Robert Kiyosaki: “Bitcoin Is Your Defense — Prepare for Crash”
Bitcoin Recovers $98K After Fed Rate Hold
Hackers Get Hacked: 60K Bitcoin Wallets Leaked in LockBit Breach
Ethereum has officially broken its months-long downtrend, with analysts now eyeing a move to $3,000 after ETH rose past key resistance.
TVL is up 41% to $52.8B, daily transactions have surged 22%, and RSI is showing fresh bullish momentum.
Analyst Mikybull Crypto: "ETH breaking out."
Analyst Crypto Claws sees targets between $2,500 and $3,500.
“The bulls have momentum, but congestion between $2,500–$2,800 could delay things,” says analyst Crypto Salamanca.
$ETHUSD 1D chart looking primed for a massive bullish reversal!
Potential short-term dip to $1450, but that's just fuel for the next leg up. Targets: $2500, then $3500!
Get ready for a significant price surge! #Ethereum#Bullrun2025#Crypto— Crypto Claws (@cryptoclaws_)
1:42 PM • May 7, 2025
Bitcoin’s Realized Cap Hits $891B — Bull Cycle Incoming?
Bitcoin’s realized market cap is at an all-time high, signaling that both long- and short-term holders are doubling down on BTC.
CryptoQuant: “New all-time highs in realized cap reflect growing conviction.”
$1B/day in capital inflows seen over recent weeks.
Glassnode: “Profit-taking is balanced by demand… a strong setup for a price breakout.”