Bitcoin Breaks $100K Barrier: 1930s Crash Comparisons Unfounded

Bitcoin’s price surged past $100,000 on May 9, 2025, reaching a new milestone. Veteran trader Peter Brandt refuted comparisons to the 1930s Dow Jones Industrial Average crash, highlighting that Bitcoin’s current trajectory is distinct from historical precedents. This surge comes amid global liquidity injections, including China’s recent $100 billion financial support package. The U.S. Federal Reserve’s pause on interest rate hikes also bolstered market confidence.