Bitcoin has broken the $100,000 barrier, marking a significant milestone in the cryptocurrency market. This surge reflects strong bullish sentiment, with analysts attributing it to positive investor trends and expectations surrounding the potential approval of Ethereum exchange-traded funds (ETFs). This rally marks a remarkable rebound for Bitcoin from its April lows, demonstrating consistent upward momentum. Experts are noting a five-wave pattern contributing to the latest climb. The surge coincides with increased interest in cryptocurrency ETFs, which is boosting market engagement overall. 2025’s early May price surge echoes past trends of pre-crypto winter rallies – periods that often precede volatility but also offer potential for long-term growth.