US Edition$900M liquidated from crypto market as Bitcoin tops $103K
- Bitcoin surged past the $103,000 resistance level on May 8, 2025, triggering over $900 million in liquidations across the crypto market.
- This rise follows a steady bullish trend since mid-2023, supported by repeated rebounds off key support zones around $99,000 and strong technical patterns.
- Traders' interest intensified as Bitcoin approached the $103,890 resistance, with on-chain data showing a spike in over 344,000 new addresses and decreased exchange reserves.
- Market momentum pushed Bitcoin 4.2% higher in 24 hours to about $103,500, while the relative strength index rose above 70, signaling overbought conditions amid rising open interest at $133 billion.
- These events suggest growing investor confidence and a potential continuation of Bitcoin's upward trajectory, though technical indicators warn of possible short-term pullbacks.
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.13 Articles
13 Articles
Bitcoin (BTC) Surpasses $103,200 Milestone, Yet Analyst Predict Ruvi AI (RUVI) To Be the Best Crypto To Turn a $500 Investment into $140,000 in 2025
The post Bitcoin (BTC) Surpasses $103,200 Milestone, Yet Analyst Predict Ruvi AI (RUVI) To Be the Best Crypto To Turn a $500 Investment into $140,000 in 2025 appeared on BitcoinEthereumNews.com. Bitcoin (BTC), the original cryptocurrency, has broken the $100,000 benchmark to reach an impressive $103,263.28. This milestone, driven by institutional inflows and groundbreaking U.S. legislation legalizing Bitcoin strategic reserves, underscores the a…
Binance Short Liquidations Fuel $103K Bitcoin Rally, Funding Rate Flips Positive
Bitcoin climbed to $103,771, standing just 4.9% below its January peak of $109,114. Short liquidations at $97,000 and $101,000 cleared $600 million, triggering rapid price increases. Binance funding rate flipped positive to +0.01% as bullish market signals began emerging again. Bitcoin surged past $100,000 on May 8, reaching this threshold for the first time in months. Trading at $103,771, the leading cryptocurrency is up 0.75% on the day and is…
Bitcoin Reaches $103K as Funding Rate Turns Positive Post-Liquidations – MAXBIT
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este...
Bitcoin Reaches $103K as Funding Rate Turns Positive Post-Liquidations
Bitcoin has revisited the $100,000 mark for the first time in months, gaining nearly 5% in the past week. As of the time of writing, BTC is trading at $102,922, up 3.5% on the day and just 5.2% shy of its all-time high of $109,000 recorded in January. The latest push above this critical psychological threshold marks a renewed phase of bullish market behavior, following weeks of range-bound trading between $93,000 and $98,000. Short Liquidation C…
Bitcoin FOMO Pours In: 344,620 New Addresses Pop Up As BTC Breaks $103,000 - Coin Surges
On-chain data shows address generation on the Bitcoin network has spiked as BTC has rallied above the $103,000 level. Bitcoin Network Growth Has Been On The Rise Recently In a new post on X, the on-chain analytics firm Santiment has talked about the latest trend in the Network Growth of Bitcoin. The “Network Growth” here refers to an indicator that keeps track of the total number of new BTC addresses being created by users every day. An address …
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
