The global cryptocurrency market cap saw a healthy growth on May 8th, increasing by 2.48% to $3 trillion, according to CoinMarketCap data. Bitcoin’s trading range during the past day has been between $95,785 and $99,800, with the price currently hovering around $99,651, showcasing a 2.82% increase. The positive momentum is also visible in other major cryptocurrencies like PENGU, IO, and AIXBT, which are experiencing notable gains of 25%, 20%, and 18% respectively. 📰 Top stories include a surge in BNB Chain activity fueled by institutional adoption and DeFi growth as Binance Coin (BNB) inches towards $600. Meanwhile, Bitcoin experts warn that the asset needs to stay above $95,000 to avoid a short-term correction.