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by: xpoolPosted on: May 9, 2025

Bitcoin Breaks $104K Barrier, Signaling Potential Bull Run

Bitcoin (BTC) surged past the $104,000 mark on May 9th, wiping out nearly $400 million in short positions and signaling a potential shift towards a renewed bull market. This significant price milestone, last seen in January 2025, was driven by a combination of factors: record ETF inflows into Bitcoin spot ETFs, the unwinding of bearish bets, and positive global trade developments.

Related posts:

  1. Crypto Signal: Long-Term Bitcoin Holders Indicate Strong Bull Market Ahead
  2. Bitcoin Market Shifts: Crypto Expert Recalibrates Bull Run Prediction
  3. Bitcoin Bulls Surge: Spot Demand Fuels Price Rally to New All-Time High
  4. Bitcoin Bull Score Hits Record High Amidst Increased Demand
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