Bitcoin Climbs Above $103,000 as Fed Rate Cut Expectations and ETF Demand Fuel Rally
Bitcoin has surged past the $103,000 mark, driven by growing anticipation of Federal Reserve rate cuts and increased inflows into Bitcoin ETFs. The cryptocurrency is now in positive territory for 2025, recovering from its April low of $74,000, though it remains below its all-time high of $109,000 set in January. According to CME's FedWatch tool, there is a 70% probability of rate cuts by July, with a 95% chance of monetary easing by October. This dovish outlook has bolstered investor confidence, contributing to Bitcoin's recent upward trajectory. The combination of favorable macroeconomic conditions and strong ETF demand underscores the resilience and potential of Bitcoin as a leading digital asset in the financial markets.
Bitcoin Surges Past $103,000 Amid Rate Cut Bets and ETF Inflows
Bitcoin has reclaimed the $103,000 level as traders price in imminent Federal Reserve rate cuts and capitalize on renewed ETF demand. The cryptocurrency now trades in positive territory for 2025, rebounding from April's $74,000 trough though still shy of January's $109,000 all-time high.
CME's FedWatch tool indicates a 70% probability of rate cuts by July, with near-certainty (95%) of monetary easing by October. This dovish pivot coincides with accelerating capital flows into Bitcoin investment vehicles, creating a perfect storm for price appreciation.
The rally persists despite lingering crypto market volatility and global trade tensions that continue weighing on traditional risk assets. Market participants appear increasingly confident in Bitcoin's decoupling narrative from conventional markets.
Bitcoin Surges Past $100,000 Amid Heavy Buy Pressure on Binance
Bitcoin has decisively reclaimed the $100,000 threshold after weeks of consolidation, trading at $100,383 with a 3.5% daily gain. The move signals renewed bullish momentum across crypto markets, though the asset remains 8.4% below its January 2025 all-time high of $109,000.
Binance's Taker Buy-Sell Ratio—a key metric tracking aggressive buying activity—has crossed into bullish territory. Analysts highlight this surge in demand-side pressure as a potential catalyst for further upside. "When exchanges see sustained buy-volume dominance, it typically precedes major price inflection points," noted CryptoQuant researcher Crazzyblockk.
Bitcoin Surpasses $100K, Eyes New All-Time High
Bitcoin breached the $100,000 threshold for the first time since February, signaling renewed institutional confidence and bullish momentum. The cryptocurrency briefly touched $103,969 before stabilizing NEAR $102,663, marking a 3.85% daily gain and 6.02% weekly surge.
Geopolitical easing between the U.S. and China provided tailwinds for the rally. Market observers now anticipate a potential assault on record highs as capital flows into digital assets accelerate.
Raoul Pal Suggests Bitcoin Dominance May Have Peaked, Signaling Potential Altcoin Season
Raoul Pal, the founder of Real Vision and a seasoned investor, posits that Bitcoin's market dominance may have reached its peak on May 8, 2025. TradingView data indicates a swift decline in BTC.D from 65.3% to below 64% within two days—the sharpest drop following two months of consistent gains.
Pal draws parallels to historical patterns, noting that the current peak is lower than those observed in 2021 and 2017. This trend, he argues, could herald the onset of the "Banana Zone," a term he coined to describe a parabolic rally in crypto prices, visualized as a banana-shaped curve on charts.
The recent market movements have injected nearly $300 billion into the total crypto market capitalization, reigniting debates about Bitcoin's trajectory and the potential resurgence of altcoins.
Metaplanet Issues $21.25M in 0% Bonds to Expand Bitcoin Holdings
Metaplanet, a Tokyo-based investment firm, is doubling down on its bitcoin strategy with a $21.25 million bond issuance earmarked exclusively for BTC purchases. The zero-coupon bonds follow last week's acquisition of 555 BTC, bringing the company's total holdings to 5,555 BTC—more than halfway toward its 10,000 BTC target by 2025.
The board-approved MOVE signals institutional conviction in Bitcoin as a treasury asset. "The funds raised will be allocated to the purchase of Bitcoin," the firm stated, avoiding traditional debt instruments with yield requirements. This capital deployment mirrors MicroStrategy's playbook, leveraging debt markets to accumulate unstaked Bitcoin.
Crypto Market Surges with Measured Momentum
The cryptocurrency market has risen by 5.8% in the past 24 hours, pushing its total capitalization to $3.24 trillion. This level marks a consolidation zone that has held steady through much of February. Unlike November's unchecked rally, the current advance appears more deliberate, with subdued exuberance tempering the climb.
Market sentiment has reached a score of 73—just shy of extreme greed—and stands at its highest since late January. Historically, such readings have preceded further gains. Bitcoin, leading the charge, breached $104,000 this morning. The flagship cryptocurrency has gained 5% in a day and 33% over the past month, inching closer to its all-time highs.
