HyperLiquid has flipped a major resistance level into support at $20, 
signaling strong bullish momentum. If this level holds, a 41% move toward $29 
could be on the horizon. After a series of consistent higher lows and higher 
highs, Hyperliquid…

Hyperliquid breakout: $20 resistance flip signals 41% upside potential

Sui rose over 19% on May 8, climbing from $3.33 to $3.92 in 24 hours, 
following a brief decline the day prior. The move came with a sharp rise in 
trading volume, signaling increased market activity. On May 7, SUI…

SUI price prediction as ETF filings, DeFi TVL boost sentiment

Bitcoin&#8217;s price is coasting along at $101,251 on May 8, 2025, leaving a 7.44% 
gap before reaching its all-time high. With a market capitalization of $2.01 
trillion and a 24-hour trading volume of $58.84 billion, bitcoin’s current 
positioning reveals a complex but bullish technical landscape, as it ranged 
intraday between $95,967 and $101,711. Bitcoin On […]

Bitcoin Price Watch: On the Verge of History With Only 7.44% Left to Break All-Time High

**Key takeaways:**
 * Bitcoin rallies to $101,707 against a backdrop of strong fundamentals in the regulatory and traditional finance space.
 * Traders are confident that $100,000 will hold as support.
Bitcoin (BTC) price rallied above $100,000 on the heels of US President Donald 
Trump&#8217;s announcement of a &#8220;trade deal&#8221; with the UK, which could possibly 
include the removal of the blanket 10% tariff on all imports.
Frequent social posts from President Trump and public comments from White 
House cabinet members have hinted at a handful of trade deals in negotiation 
with various countries, and markets have responded positively to the 
messaging. In addition to the UK trade deal, the US is set to meet with 
Chinese officials in Switzerland on May 10.
The Dow gained 500 points following the White House announcement, while the 
S&amp;P 500 rose 1.47%, and Bitcoin trades near $101,600 at the time of writing.
In a Truth Social post, Trump wrote:
&gt; &#8220;Many other deals, which are in serious stages of negotiation, to follow!&#8221;
The significance of Bitcoin&#8217;s return to six-figure territory after trading 
below the level since February was not lost on investors:
In an X post, popular independent market analyst Macroscope said he was 
&#8220;watching closely now,&#8221; and stressed the importance of BTC &#8220;holding&#8221; the 
$100,000 level as a support, rather than a brief pop above the psychological 
resistance level.
_X /__MacroScope_ _ _
While the initial surge through the $100,000 level appears to be driven by 
$241 million in futures market liquidations, the political and investment 
environment surrounding Bitcoin has seen vast improvements since the last time 
BTC traded above six figures.
In the past week, the governors of two US states have signed bills, which now 
make it legal for the states to establish strategic Bitcoin reserves. On May 
8, the legislature in the US state of Missouri sent Bill 594, a bill which 
would end all capital gains taxes, to the desk of Governor Mike Kehoe.
_**Related:**__**Strive to become Bitcoin treasury company**_ _ _
On May 7, the US Office of the Comptroller of the Currency (OCC) confirmed 
that banks within its jurisdiction can &#8220;responsibly&#8221; trade crypto on behalf of 
their customers, and they can also &#8220;outsource&#8221; crypto and custodial activities 
to trusted third parties.
&gt; 🇺🇸 LATEST: The Office of the Comptroller of the Currency confirms that 
&gt; national banks and federal savings associations &#8220;may engage in certain 
&gt; cryptocurrency activities.&#8221; pic.twitter.com/4EuJ6A7OUI 
&gt; 
&gt; &#8212; Cointelegraph (@Cointelegraph) May 8, 2025
In late March, the FDIC issued guidance giving banks the green light to hold 
crypto assets and offer various goods and services to clients. In addition to 
growing legislative and regulatory support for Bitcoin and other 
cryptocurrencies, inflows to the spot Bitcoin ETFs have soared, alongside 
increasing buying and BTC treasury from US-based and international publicly 
listed companies.
_Spot Bitcoin ETF inflows (weekly). Source:__SoSoValue_
This article does not contain investment advice or recommendations. Every 
investment and trading move involves risk, and readers should conduct their 
own research when making a decision.

Bitcoin hits $101.7K as US strategic reserve bills become law and BTC mass adoption accelerates

The incident highlights potential vulnerabilities in political endorsements, 
raising concerns about transparency and influence in crypto policy.
The post Trump feels manipulated after learning his XRP post was pushed by 
Ripple-linked lobbyist appeared first on Crypto Briefing.

Cryptocurrency price in CNY